FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R6DLuG3VglXIci9EJ3MwAK
Label Regulatory Penalty
Preferred Label Sanction
Identifier N/A
Alternative Labels
Corrective Measure Penalty

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.

Class Relationships

Is Defined By

N/A

See Also

Parent Class Of 2

Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available