1. Regulations
  2. title 12
  3. chapter II-i2
  4. part 263
  5. subpart C
  6. § 263.65

View all text of Subpart C [§ 263.60 - § 263.65]

§ 263.65 - Civil money penalty inflation adjustments.

(a) Inflation adjustments. In accordance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, which further amended the Federal Civil Penalties Inflation Adjustment Act of 1990, the Board has set forth in paragraph (b) of this section the adjusted maximum amounts for each civil money penalty provided by law within the Board's jurisdiction. The authorizing statutes contain the complete provisions under which the Board may seek a civil money penalty. The adjusted civil money penalties apply only to penalties assessed on or after January 12, 2024, whose associated violations occurred on or after November 2, 2015.

(b) Maximum civil money penalties. The maximum (or, in the cases of 12 U.S.C. 334 and 1832(c), fixed) civil money penalties as set forth in the referenced statutory sections are set forth in the table in this paragraph (b).

Table 1 to Paragraph (b)

Statute Adjusted civil
money penalty 		12 U.S.C. 324: Inadvertently late or misleading reports, inter alia$4,899 Other late or misleading reports, inter alia48,992 Knowingly or reckless false or misleading reports, inter alia2,449,575 12 U.S.C. 334356 12 U.S.C. 374a356 12 U.S.C. 504: First Tier12,249 Second Tier61,238 Third Tier2,449,575 12 U.S.C. 505: First Tier12,249 Second Tier61,238 Third Tier2,449,575 12 U.S.C. 1464(v)(4)4,899 12 U.S.C. 1464(v)(5)48,992 12 U.S.C. 1464(v)(6)2,449,575 12 U.S.C. 1467a(i)(2)61,238 12 U.S.C. 1467a(i)(3)61,238 12 U.S.C. 1467a(r): First Tier4,899 Second Tier48,992 Third Tier2,449,575 12 U.S.C. 1817(j)(16): First Tier12,249 Second Tier61,238 Third Tier2,449,575 12 U.S.C. 1818(i)(2): First Tier12,249 Second Tier61,238 Third Tier2,449,575 12 U.S.C. 1820(k)(6)(A)(ii)402,920 12 U.S.C. 1832(c)3,558 12 U.S.C. 1847(b)61,238 12 U.S.C. 1847(d): First Tier4,899 Second Tier48,992 Third Tier2,449,575 12 U.S.C. 1884356 12 U.S.C. 1972(2)(F): First Tier12,249 Second Tier61,238 Third Tier2,449,575 12 U.S.C. 3110(a)55,981 12 U.S.C. 3110(c): First Tier4,480 Second Tier44,783 Third Tier2,239,210 12 U.S.C. 3909(d)3,047 15 U.S.C. 78u-2(b)(1): For a natural person11,524 For any other person115,231 15 U.S.C. 78u-2(b)(2) For a natural person115,231 For any other person576,158 15 U.S.C. 78u-2(b)(3) For a natural person230,464 For any other person1,152,314 15 U.S.C. 1639e(k)(1)14,069 15 U.S.C. 1639e(k)(2)28,135 42 U.S.C. 4012a(f)(5)2,661
[89 FR 2115, Jan. 12, 2024]

AUTHORITY: 5 U.S.C. 504, 554-557; 12 U.S.C. 248, 324, 334, 347a, 504, 505, 1464, 1467, 1467a, 1817(j), 1818, 1820(k), 1829, 1831o, 1831p-1, 1832(c), 1847(b), 1847(d), 1884, 1972(2)(F), 3105, 3108, 3110, 3349, 3907, 3909(d), 4717, 5323, 5362, 5365, 5463, 5464, 5466, 5467; 15 U.S.C. 21, 78l(i), 78o-4, 78o-5, 78u-2; 1639e(K); 28 U.S.C. 2461 note; 31 U.S.C. 5321; and 42 U.S.C. 4012a.

SOURCE: 56 FR 38052, Aug. 9, 1991, unless otherwise noted.

CITE AS: 12 CFR 263.65