{"iri":"https://folio.openlegalstandard.org/R6DLuG3VglXIci9EJ3MwAK","label":"Regulatory Penalty","sub_class_of":["https://folio.openlegalstandard.org/RCDwLiS22z6MzQaQHS08hvk","https://folio.openlegalstandard.org/RCvV18Mbbb9FYFXbHt1inuL"],"parent_class_of":["https://folio.openlegalstandard.org/R7ov944p22Oy99uqJIz5uvK","https://folio.openlegalstandard.org/R996WtCH3h9VroTEbPc4hpS"],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/Rd5U9LwpXnyPC2FrSlAVBv"],"comment":"From LIST: Legal Issues Taxonomy — https://taxonomy.legal/","deprecated":false,"preferred_label":"Sanction","alternative_labels":["Corrective Measure","Penalty"],"translations":{},"hidden_label":null,"definition":"A regulatory penalty refers to a fine or other punitive measure imposed by a governmental, private, or regulatory authority for violations of laws, regulations, or guidelines. The penalty is intended to deter non-compliance and can vary in severity depending on the nature of the violation, the impact on the public, and any history of previous infractions.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}