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Civil Monetary Penalty Inflation Adjustment

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 actio...

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.

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Federal Register Citation

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81 FR 40152

Web Citation

Suggested Web Citation

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“Civil Monetary Penalty Inflation Adjustment,” thefederalregister.org (June 21, 2016), https://thefederalregister.org/documents/2016-14719/civil-monetary-penalty-inflation-adjustment.