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 13, 2025, 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 $5,026 Other late or misleading reports, inter alia 50,265 Knowingly or reckless false or misleading reports, inter alia 2,513,215 12 U.S.C. 334 365 12 U.S.C. 374a 365 12 U.S.C. 504: First Tier 12,567 Second Tier 62,829 Third Tier 2,513,215 12 U.S.C. 505: First Tier 12,567 Second Tier 62,829 Third Tier 2,513,215 12 U.S.C. 1464(v)(4) 5,026 12 U.S.C. 1464(v)(5) 50,265 12 U.S.C. 1464(v)(6) 2,513,215 12 U.S.C. 1467a(i)(2) 62,829 12 U.S.C. 1467a(i)(3) 62,829 12 U.S.C. 1467a(r): First Tier 5,026 Second Tier 50,265 Third Tier 2,513,215 12 U.S.C. 1817(j)(16): First Tier 12,567 Second Tier 62,829 Third Tier 2,513,215 12 U.S.C. 1818(i)(2): First Tier 12,567 Second Tier 62,829 Third Tier 2,513,215 12 U.S.C. 1820(k)(6)(A)(ii) 413,388 12 U.S.C. 1832(c) 3,650 12 U.S.C. 1847(b) 62,829 12 U.S.C. 1847(d): First Tier 5,026 Second Tier 50,265 Third Tier 2,513,215 12 U.S.C. 1884 365 12 U.S.C. 1972(2)(F): First Tier 12,567 Second Tier 62,829 Third Tier 2,513,215 12 U.S.C. 3110(a) 57,435 12 U.S.C. 3110(c): First Tier 4,596 Second Tier 45,946 Third Tier 2,297,385 12 U.S.C. 3909(d) 3,126 15 U.S.C. 78u-2(b)(1): For a natural person 11,823 For any other person 118,225 15 U.S.C. 78u-2(b)(2): For a natural person 118,225 For any other person 591,127 15 U.S.C. 78u-2(b)(3): For a natural person 236,451 For any other person 1,182,251 15 U.S.C. 1639e(k)(1) 14,435 15 U.S.C. 1639e(k)(2) 28,866 42 U.S.C. 4012a(f)(5) 2,730 [Reg. 1864, 90 FR 2607, Jan. 13, 2025]