What is one of the consequences of failing to meet statutory requirements?

Failing to meet statutory requirements can result in significant consequences such as loss of licensure or legal penalties. Professionals in regulated fields must adhere to specific laws and regulations established to ensure public safety and ethical standards. When individuals or organizations fail to comply with these statutory requirements, they may face serious repercussions like the revocation of licenses which are necessary to practice in their field. Legal penalties could include fines, sanctions, or other disciplinary actions imposed by regulatory bodies. Ensuring compliance is critical not only to maintain one's ability to practice but also to uphold the integrity of the profession. Conversely, options such as increased training opportunities, enhanced professional reputation, or greater job satisfaction are typically positive outcomes associated with compliance and professional development rather than consequences of non-compliance.