What Does CMP Stand For?
CMP stands for Civil Money Penalty
CMP, or Civil Money Penalty, refers to a financial sanction imposed by regulatory agencies to enforce compliance with laws and regulations in various sectors, including healthcare, banking, and environmental protection. These penalties are intended to deter non-compliance and encourage adherence to legal standards by imposing monetary fines on individuals or organizations that violate applicable statutes or regulations. CMPs can vary in amount based on the severity of the violation and the specific regulatory framework under which they are applied.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym