12 C.F.R. § 263.65

Current through September 30, 2024
Section 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)

StatuteAdjusted 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. 334 356
12 U.S.C. 374a 356
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. 1884 356
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

12 C.F.R. §263.65

89 FR 2115, Jan. 12, 2024
81 FR 47007, 8/1/2016; 83 FR 1183, 1/10/2018; 84 FR 2052, 2/6/2019; 85 FR 2007, 1/14/2020; 86 FR 2528, 1/13/2021; 87 FR 2313, 1/14/2022; 88 FR 1497, 1/11/2023; 89 FR 2115, 1/12/2024