Florida State Board of Administration
The Florida State Board of Administration (SBA) manages the investments for the Florida Retirement Systems and other state funds. They ensure that the funds are invested wisely to maximize returns for the benefit of Florida's public employees. Staying updated on their sanctions lists is vital for compliance with state regulations and avoiding potential risks.
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1 List
| List Name | Records |
|---|---|
Florida State Board of Administration - List of Prohibited Investments (Scrutinized Companies)The Florida State Board of Administration maintains a list of prohibited investments, commonly known as the scrutinized companies list. This list identifies companies that engage in business practices that conflict with the values and laws of Florida. It’s crucial to review this list regularly to ensure that investment decisions align with state regulations and ethical standards. | 105 |
FAQs
Why is compliance with Florida State Board of Administration necessary?
The Florida State Board of Administration ensures that providers operate under strict guidelines to protect public health and safety. Compliance with AHCA regulations is essential to maintain high standards of care, prevent fraud, and safeguard patient rights. Failure to adhere to these sanctions can result in severe penalties, including fines and license suspensions. By following AHCA guidelines, healthcare providers help ensure a safe and reliable environment for all patients in Florida
Which companies should comply with Florida State Board of Administration?
The Florida State Board of Administration regulates the healthcare industry, including hospitals, nursing homes, home health agencies, and assisted living facilities. Companies in these sectors must comply to ensure safe and quality care for patients, protect public health, and avoid penalties. Compliance ensures that they meet standards of safety, efficiency, and integrity in service delivery.
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