Sanction

Regulatory Penalty - 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.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/R6DLuG3VglXIci9EJ3MwAK
Label (rdfs): Regulatory Penalty
Preferred Label: Sanction
Alternative Labels: Corrective Measure, Penalty
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Definition and Examples

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.
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Translations

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Class Relationships

Sub Class Of: Regulatory Objectives

Regulatory Events
Parent Class Of: Debarment

Suspension
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Additional Information

Comment: From LIST: Legal Issues Taxonomy — https://taxonomy.legal/
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Deprecated: False

Metadata

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