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No. XXXIXSwitch Fax045455455 045455423Index To Contents Industry Notices .............................. Front Page IHRB Rule Change ......................... Front Page Irish Forfeit List Additions
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The IHRB issues revised penalty refers to penalties imposed on entities for non-compliance with specific regulatory requirements related to the International Human Rights Benchmarking. It typically involves revisions to existing penalties to better address compliance failures.
Organizations and companies that are subject to IHRB regulations or that fail to meet the set international human rights standards may be required to file the IHRB issues revised penalty.
To fill out the IHRB issues revised penalty form, organizations must provide detailed information on compliance failures, revise previous filings with accurate data, and submit supporting documentation that reflects the corrections made.
The purpose of the IHRB issues revised penalty is to promote compliance with international human rights standards and to hold organizations accountable for their actions or inactions regarding these standards.
Entities must report details including the nature of the compliance failure, corrective actions taken, prior penalty assessments, and any relevant documentation that supports the changes in compliance status.
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