consent order


Also found in: Acronyms.

consent order

noun an order accepted by the parries, an order acquiesced by the parties, an order agreed to by the parties, an order approved by the parties, an order consented to by the parties, an order endorsed by the parries, an order supported by the parties, an order with the accord of the parties, consent decree
Associated concepts: consent rule
References in periodicals archive ?
The FDIC's consent order was issued in connection with the bank's failure to comply with certain regulatory stipulations.
In a prepared statement, Melrose said it has fully cooperated with the NCUA and NYSFS, noting it is ahead of the deadlines outlined in the consent order.
Depending on the situation, it might be preferable for a nurse to agree to a harsher consent order rather than contesting a case and incurring the associated expenses.
The bank said the consent order required it to strengthen its bank secrecy act/anti-money laundering program and its internal audit function as well as address other related matters.
In its extensive recitation of facts, the AIG consent order is replete with phrases like "multinational companies," "sales meetings," group insurance products," "multinational clients," "deliveries of multinational pooling reports," "providing entertainment" and "Road Shows.
example, have cited the consent order to allege that Commonwealth had
In a consent order, a bank admits no wrongdoing but agrees to address the issues raised by regulators.
Besides, serious fraudulent and unfair trade practices, which have caused substantial losses to investors, will also be kept out of the consent order.
The bank said that it was in the process of taking steps mentioned under the consent order.
Under terms of the July 22 consent order, the bank is required to submit a capital plan to achieve and maintain tier 1 capital of at least 9 percent and total risk-based capital of at least 13 percent by the year~~s end.
Under a new consent order, the company has agreed to increase its efforts to ensure compliance at all of its stores and to pay the penalty, Massachusetts DEP said.
The March 4 Consent Order finalizes a national settlement with UBS over its sale of auction rates securities, which brokerage firms marketed as safe and liquid alternatives to cash, NASAA says.