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Civil Monetary Penalty Inflation Adjustment

NCUA · final-rule · Published 2022-01-05 · Effective 2022-01-05 · 87 FR 377

Document

Document number
2021-28555
Federal Register citation
87 FR 377
CFR reference
12 CFR 747
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2022-01-05
Effective date
2022-01-05

Abstract

The NCUA Board (Board) is amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

Source

Authoritative
Federal Register document
Machine
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