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(a) The Consent Order Agreement is a document executed by a person, sole proprietorship, partnership, or corporation (Consenting Party) and a Commission staff representative which incorporates both a proposed complaint setting forth the staff's charges and a proposed order by which such charges are resolved.
A consent order is a legal document that confirms your agreement. It explains how you're going to divide up assets like: pensions. property.
Consent Order/Order to Cease and Desist: An injunctive-type order that may be issued when a banking organization or institution-affiliated party is engaging, has engaged or is about to engage in an unsafe or unsound banking practice, or a violation of law.
The details: The Fed reached a consent order with Deutsche Bank in 2015 regarding insufficient policies and procedures the bank had in place to ensure compliance with U.S. sanctions imposed by the Treasury Department's Office of Foreign Assets Control (OFAC) against countries including Iran, Libya, Syria, Burma, and ...
The Federal Trade Commission (FTC) processes consent orders, which are legally binding promises by businesses to stop or correct certain acts or practices.