capacity

What are the consequences of cumulative fines if administrative fines are imposed on different companies within the same group?

What are the consequences of cumulative fines if administrative fines are imposed on different companies within the same group? 1000 667 SarisLaw

The cumulative effect resulting from fining different companies within the same group can affect the amount of the fine, according to a judgment of the Administrative Jurisdiction Division of 21…

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Combined financial strength: financial situation of parent company may be taken into account when determining the financial standing of the subsidiary that is being fined

Combined financial strength: financial situation of parent company may be taken into account when determining the financial standing of the subsidiary that is being fined 1000 563 SarisLaw

The Administrative Jurisdiction Division ruled in its judgment that the financial situation of a parent undertaking can be taken into account when determining the financial strength of its fined subsidiary…

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