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 ?
In achieving compliance with the Consent Order, the Bank improved its processes of identifying and monitoring accounts and transactions in compliance with the BSA, including the development of effective risk assessment processes, monitoring mechanisms, training programs, and appropriate systems to review the activities of customer accounts.
First BanCorp (NYSE:FBP) has announced that its wholly-owned banking subsidiary, FirstBank Puerto Rico, has received notification from the Federal Deposit Insurance Corporation that, effective April 29, 2015, the consent order under which FirstBank has been operating since June 2, 2010 was terminated.
According to the consent order, Continental contracted with an unnamed, privately insured credit union for 20 months, from April 2012 to December 2013, to issue cards in the credit union's name.
The agreement said that Cigna had entered into the consent order, in part, to avoid litigation.
Sebi also said this window will only apply for offences committed two years prior to submission of application to Sebi for a consent order.
Under a January 2010 consent order with the FDIC and the state Division of Banks, Athol-Clinton was ordered to take measures to raise capital and improve profitability.
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.
3(iii) and council regulation 16, the committee invited Djogbessi to consent to the imposition of a reprimand by way of consent order, without further proceedings, to which he agreed.
Under the terms of the Consent Order, AAR and the FAA have agreed to "resolve all matters relating to the order and petition".
Hesco and Blue Marines mutually agreed to the terms of the settlement and the court entered the consent order on November 14, 2008.
Supreme Court, questioning whether, as a matter of federal law, an FTC consent order can immunize a nonparty from liability under an otherwise applicable state deceptive-practices statute.
The consent order suggests that First Community failed to require flood insurance in at least three cases and that, in at least one case, the borrowers were not even notified that the building was in a flood area.