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Civil Monetary Penalty Adjustment and Table

aml-bsa-fincen · FinCEN · Rule · Published 2016-06-30 · Effective 2016-08-01 · 81 FR 42503

Document

Document number
2016-15653
Federal Register citation
81 FR 42503
CFR reference
31 CFR 1010
Type
Rule
Action
Interim final rule.
Category
aml-bsa-fincen
Sub-agency
FinCEN
Publication date
2016-06-30
Effective date
2016-08-01

Abstract

FinCEN is amending the regulations under the Bank Secrecy Act to adjust the maximum amount or range, as set by statute, of certain civil monetary penalties within its jurisdiction to account for inflation. This action is being taken to implement the requirements of the Federal Civil Penalties Inflation Adjustment Act of 1990, as further amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

Source

Authoritative
Federal Register document
Machine
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