Sentence examples for financial laxity from inspiring English sources

Unsubstantiated allegations were made about child abuse, the charity was indicted for financial laxity and imprudence and the trustees besmirched.

Any fiscal laxity would be punished.

Fiscal laxity has also played a part.

The costs of fiscal laxity were low.

Hiving off bank supervision to the FSA in 1997 contributed to the regulatory laxity that allowed financial troubles to build up.

France's banking supervisor fined SocGen €4m in 2008 for its laxity.Since the financial crisis, regulators in many places have been coming down hard on banks for failing to run their show properly.

Analysts warned that deeply indebted countries like Portugal and Spain that are pushing through unpopular budget cuts may soon face an uncomfortable choice: punishment by financial markets that will hammer any laxity in deficit-cutting with exorbitant interest rates, or by an angry electorate annoyed by prolonged economic hardship.

Rather than the Senate enacting tougher rules, it's punting the issue to regulators, all of whom, at one point or another over the last two years, acknowledged mistakes, lapses in judgment, and laxity in regulating the financial industry.