The Federal Deposit Insurance Corporation (FDIC) is adjusting the maximum amount of each civil money penalty (CMP) within its jurisdiction to account for inflation. This action is required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (2015 Adjustment Act). The FDIC is also amending its rules of practice and procedure to correct a technical error from the previous inflation-adjustment rulemaking.
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Rules of Practice and Procedure
The Federal Deposit Insurance Corporation (FDIC) is adjusting the maximum amount of each civil money penalty (CMP) within its jurisdiction to account for inflation. This action ...
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81 FR 95412
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“Rules of Practice and Procedure,” thefederalregister.org (December 28, 2016), https://thefederalregister.org/documents/2016-31240/rules-of-practice-and-procedure.