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103. Non-compliance Consequences
103. Non-compliance Consequences
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5 Terms
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Fines
Monetary penalties imposed by regulatory bodies or non-compliance with laws and regulations
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Sanctions
Strict measures taken by regulatory bodies to enforce compliance
3
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Reputational Damage
The negative impact on a company's reputation due to non-compliance
4
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Loss of License
Non-compliance can lead to the loss of a company's license to operate
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Contractual Impacts
Consequences or effects that arise as a result of a contract between two or more parties