Sentence examples for unsound practices from inspiring English sources

§ 16.32 Fraudulent transactions and unsafe or unsound practices.

The 1974-75 recessiopenedned yawning deficits and exposed years of unsound practices.

He discovered an array of unsound practices, like using long-term debt to pay for short-term expenditures.

But by 1991 the bank was in trouble, and was cited by federal regulators for unsafe or unsound practices.

The chairman also says that regulators must do their jobs, maintaining "careful scrutiny and oversight so that unsafe and unsound practices do not threaten our economy".

The E.C.B. would have the power to monitor lending and capital reserves at large banks and force them to change unsound practices.

It treated it instead as an economically unsound practice that made executives rich but harmed the companies they led and contributed to the recent financial meltdown.

The notice shall contain a statement of the facts constituting the alleged violation or violations or the unsafe or unsound practice or practices, and shall fix a time and place at which a hearing will be held to determine whether an order to cease and desist therefrom should issue against the depository institution or the institution-affiliated party.

Failure of a System institution to maintain capital at or above its minimum level as established under subsection (a) may be deemed by the Farm Credit Administration, in its discretion, to constitute an unsafe and unsound practice within the meaning of this chapter.

In the event of such consent, or if upon the record made at any such hearing, the agency shall find that any violation or unsafe or unsound practice specified in the notice of charges has been established, the agency may issue and serve upon the depository institution or the institution-affiliated party an order to cease and desist from any such violation or practice.

(b) It is an unsafe and unsound practice for any director, officer, employee, or principal shareholder of a national bank (including any entity in which this person owns an interest of more than ten percent), who is involved in the sale of credit life insurance to loan customers of the national bank, to take advantage of that business opportunity for personal profit.