Civil Monetary Penalty Inflation Adjustment

January 17, 2019 NCUA, Regulation lookup 0

Title:	Civil Monetary Penalty Inflation Adjustment
Subject:	CMP
Agency:	NCUA
Status:	Final rule
Summary:	The NCUA 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.
FR Doc:	2019-01123
Date proposed:
Comments due date:
Final rule effective date:	February 6, 2019
Rule compliance date:
Agency release:	Board Approves Annual Performance Plan
Related Reg Report item(s):	NCUA CMP maximums adjusted up 2.5%, board approves IL MBL rule change

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