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Rules of Practice and Procedure; Civil Money Penalty Inflation Adjustments

banking-occ · OCC · Rule · Published 2008-11-10 · Effective 2008-12-10 · 73 FR 66493

Document

Document number
E8-26654
Federal Register citation
73 FR 66493
CFR reference
12 CFR 19
Type
Rule
Action
Final rule.
Category
banking-occ
Sub-agency
OCC
Publication date
2008-11-10
Effective date
2008-12-10
Treasury docket
Docket ID OCC-2008-0020

Abstract

The Office of the Comptroller of the Currency (OCC) is amending its rules of practice and procedure, set forth at 12 CFR part 19, to adjust the maximum amount of each civil money penalty (CMP) within its jurisdiction to administer to account for inflation. This action, including the amount of the adjustment, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990 (Inflation Adjustment Act), as amended by the Debt Collection Improvement Act of 1996. The OCC is also amending part 19 to add to our list of penalties a new CMP, which was authorized after the OCC last adjusted its CMPs.

Source

Authoritative
Federal Register document
Machine
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