Administrative penalties issued against a company included warnings, fines, revocation of certificates or business licenses due to breaches of corporate compliance.
Administrative penalty refers to the specific administrative act that the administrative subject, in accordance with the statutory functions and powers and procedures, imposes administrative sanctions on the counterpart who violates the norms of administrative law but has not yet committed a crime.
Administrative penalty is a form of administrative sanction. The administrative subject with the power of administrative penalty is to safeguard public interests and social order, protect the legitimate rights and interests of citizens, legal persons or other organizations, and impose legal sanctions on administrative counterparts who violate administrative laws and regulations but have not yet committed crimes.
Within the specific administrative jurisdiction of the law, the administrative subject shall, in accordance with the law, impose sanctions on the administrative counterpart (the organization or natural person being managed) of the general illegal administration that has not yet constituted a crime. The purpose of sanctions is to maintain public order and social order, to ensure the security of the country and the rights of citizens.
Administrative penalty refers to the specific administrative action that the administrative subject, in accordance with the statutory authority and procedure, imposes administrative sanction on the counterpart who violates the norms of administrative law and has not yet committed a crime. This includes:
- Confiscation of illegal income and illegal property;
- Order to suspend production and business;
- Suspension or revocation of the license, suspension or revocation of the license;
- Administrative detention;
- Other administrative penalties prescribed by laws and administrative rules and regulations.