Notice of Inflation Adjustments for Civil Money Penalties, 712-714 [2019-00510]

Download as PDF 712 Federal Register / Vol. 84, No. 21 / Thursday, January 31, 2019 / Notices Affected Public: The number of respondents: 150. Estimated time per respondents: 90 minutes. The frequency of response: Annually. Annual hour burden: 225 total hours. Government Expenses: Reviewing time per response: 45 minutes. Responses per year: 150. Reviewing time per year: 112.5 hours. Average Wages per hour: $42.50. Average cost per year: $4,781.25 (time * wages). Benefits and overhead: 20%. Total Government Cost: $5,737.5. Bassam Doughman, IT Specialist. Secretary to the Farm Credit Administration Board, at (703) 883– 4009. The matters to be considered at the meeting are: Dated: December 20, 2018. Wendy M. Payne, Executive Director. Open Session BILLING CODE 1610–02–P A. Approval of Minutes FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD • December 13, 2018 B. Reports • Auditor’s Report on FCA FY 2018/ 2017 Financial Statements Notice of Issuance of Federal Financial Accounting Technical Release 19, Rescission of Technical Release 8 Closed Session * AGENCY: • Meeting with Auditors • Report on 2018 FISMA Audit Dated: January 3, 2019. Dale L. Aultman, Secretary, Farm Credit Administration Board. [FR Doc. 2019–00404 Filed 1–30–19; 8:45 am] BILLING CODE 6690–01–P [FR Doc. 2019–00616 Filed 1–29–19; 11:15 am] BILLING CODE 6705–01–P FARM CREDIT ADMINISTRATION Sunshine Act Meeting; Farm Credit Administration Board FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD Farm Credit Administration. Notice, regular meeting. AGENCY: ACTION: Notice of Appointment of Chair and New FASAB Members Notice is hereby given, pursuant to the Government in the Sunshine Act, of the regular meeting of the Farm Credit Administration Board (Board). SUMMARY: The regular meeting of the Board will be held at the offices of the Farm Credit Administration in McLean, Virginia, on January 10, 2019, from 9:00 a.m. until such time as the Board concludes its business. ADDRESSES: Farm Credit Administration, 1501 Farm Credit Drive, McLean, Virginia 22102–5090. Submit attendance requests via email to VisitorRequest@FCA.gov. See SUPPLEMENTARY INFORMATION for further information about attendance requests. DATES: Dale Aultman, Secretary to the Farm Credit Administration Board, (703) 883–4009, TTY (703) 883–4056. SUPPLEMENTARY INFORMATION: Parts of this meeting of the Board will be open to the public (limited space available), and parts will be closed to the public. Please send an email to VisitorRequest@ FCA.gov at least 24 hours before the meeting. In your email include: Name, postal address, entity you are representing (if applicable), and telephone number. You will receive an email confirmation from us. Please be prepared to show a photo identification when you arrive. If you need assistance for accessibility reasons, or if you have any questions, contact Dale Aultman, amozie on DSK3GDR082PROD with NOTICES1 FOR FURTHER INFORMATION CONTACT: VerDate Sep<11>2014 20:21 Jan 30, 2019 Jkt 247001 [FR Doc. 2019–00496 Filed 1–30–19; 8:45 am] Federal Accounting Standards Advisory Board. ACTION: Notice. AGENCY: Pursuant to 31 U.S.C. 3511(d), the Federal Advisory Committee Act (Pub. L. 92–463), as amended, and the FASAB Rules Of Procedure, as amended in October 2010, notice is hereby given that Mr. George Scott has been appointed to serve as the chair of the Federal Accounting Standards Advisory Board (FASAB or ‘‘the Board’’) beginning July 1, 2019. Mr. Scott’s term will conclude on December 31, 2020, with the option for another five-year term. Notice is also given that Ms. Sallyanne Harper and Dr. Terry Patton have been appointed to serve five-year terms as members of the Board beginning July 1, 2019. The news releases are available on the FASAB website at http:// www.fasab.gov/news-releases/. Copies can be obtained by contacting FASAB at (202) 512–7350. FOR FURTHER INFORMATION CONTACT: Ms. Wendy M. Payne, Executive Director, 441 G Street NW, Suite 1155, Washington, DC 20548, or call (202) 512–7350. Authority: Federal Advisory Committee Act, Pub. L. 92–463. * Session Closed-Exempt pursuant to 5 U.S.C. 552b(c)(2). PO 00000 Frm 00067 Fmt 4703 Sfmt 4703 Federal Accounting Standards Advisory Board. ACTION: Notice. Pursuant to 31 U.S.C. 3511(d), the Federal Advisory Committee Act (Pub. L. 92–463), as amended, and the FASAB Rules of Procedure, as amended in October 2010, notice is hereby given that the Federal Accounting Standards Advisory Board (FASAB) has issued Federal Financial Accounting Technical Release (TR) 19, Rescission of Technical Release 8. The TR is available on the FASAB website at http://www.fasab.gov/ accounting-standards/. Copies can be obtained by contacting FASAB at (202) 512–7350. FOR FURTHER INFORMATION CONTACT: Ms. Wendy M. Payne, Executive Director, 441 G Street NW, Suite 1155, Washington, DC 20548, or call (202) 512–7350. Authority: Federal Advisory Committee Act, Pub. L. 92–463. Dated: January 15, 2019. Wendy M. Payne, Executive Director. [FR Doc. 2019–00500 Filed 1–30–19; 8:45 am] BILLING CODE 1610–02–P FEDERAL DEPOSIT INSURANCE CORPORATION RIN 3064–ZA05 Notice of Inflation Adjustments for Civil Money Penalties Federal Deposit Insurance Corporation. ACTION: Notice of Monetary Penalties 2019. AGENCY: The Federal Deposit Insurance Corporation is providing notice of its maximum civil money penalties as adjusted for inflation. The inflation adjustments are required to implement the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. SUMMARY: E:\FR\FM\31JAN1.SGM 31JAN1 Federal Register / Vol. 84, No. 21 / Thursday, January 31, 2019 / Notices The adjusted maximum amounts of civil money penalties in this notice are applicable to penalties assessed after January 15, 2019, for conduct occurring on or after November 2, 2015. FOR FURTHER INFORMATION CONTACT: Graham N. Rehrig, Senior Attorney, Legal Division, (202) 898–3829, grehrig@fdic.gov; or Sydney Mayer, Attorney, Legal Division, (202) 898– 3669, smayer@fdic.gov; Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. SUPPLEMENTARY INFORMATION: This notice announces changes to the maximum amount of each civil money penalty (CMP) within the Federal Deposit Insurance Corporation’s (FDIC) jurisdiction to administer to account for inflation under the Federal Civil Penalties Inflation Adjustment Act of 1990 (1990 Adjustment Act),1 as DATES: amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (2015 Adjustment Act).2 Under the 1990 Adjustment Act, as amended, federal agencies must make annual adjustments to the maximum amount of each CMP the agency administers. The Office of Management and Budget (OMB) is required to issue guidance to federal agencies no later than December 15 of each year providing an inflation-adjustment multiplier (i.e., the inflation-adjustment factor agencies must use) applicable to CMPs assessed in the following year. Agencies are required to publish their CMPs, adjusted under the multiplier provided by the OMB, by January 15 of the applicable year. Agencies, like the FDIC, that have codified the statutory formula for making the CMP adjustments may make annual inflation 713 adjustments by providing notice in the Federal Register.3 On December 14, 2018, the OMB issued guidance to affected agencies on implementing the required annual adjustment, which guidance included the relevant inflation multiplier.4 The FDIC has applied that multiplier to the maximum CMPs allowable in 2018 for FDIC-supervised institutions to calculate the maximum amount of CMPs that may be assessed by the FDIC in 2019.5 There were no new statutory CMPs administered by the FDIC during 2018. The following charts provide the inflation-adjusted maximum CMP amounts for use after January 15, 2019— the effective date of the 2019 annual adjustments—under 12 CFR part 308, for conduct occurring on or after November 2, 2015: MAXIMUM CIVIL MONEY PENALTY AMOUNTS amozie on DSK3GDR082PROD with NOTICES1 12 U.S.C. 1464(v): Tier One CMP 7 ................................................................................ Tier Two CMP .................................................................................. Tier Three CMP 8 ............................................................................. 12 U.S.C. 1467(d) ................................................................................... 12 U.S.C. 1817(a): Tier One CMP 9 ................................................................................ Tier Two CMP .................................................................................. Tier Three CMP 10 ............................................................................ 12 U.S.C. 1817(c): Tier One CMP .................................................................................. Tier Two CMP .................................................................................. Tier Three CMP 11 ............................................................................ 12 U.S.C. 1817(j)(16): Tier One CMP .................................................................................. Tier Two CMP .................................................................................. Tier Three CMP 12 ............................................................................ 12 U.S.C. 1818(i)(2): 13 Tier One CMP .................................................................................. Tier Two CMP .................................................................................. 1 Public Law 101–410, 104 Stat. 890, codified at 28 U.S.C. 2461 note. 2 Public Law 114–74, 701(b), 129 Stat. 599, codified at 28 U.S.C. 2461 note. 3 See Office of Mgmt. & Budget, Exec. Office of the President, OMB Memorandum No. M–19–04, Implementation of Penalty Inflation Adjustments for 2019, Pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 4 (2018), https://www.whitehouse.gov/wp-content/ uploads/2017/11/m_19_04.pdf (‘‘OMB Guidance’’). 4 See OMB Guidance at 1 (providing an inflation multiplier of 1.02522). 5 Penalties assessed for violations occurring prior to November 2, 2015, will be subject to the maximum amounts set forth in the FDIC’s regulations in effect prior to the enactment of the 2015 Adjustment Act. 6 The maximum penalty amount is per day, unless otherwise indicated. 7 12 U.S.C. 1464(v) provides the maximum CMP amounts for the late filing of certain Call Reports. In 2012, however, the FDIC issued regulations that further subdivided these amounts based upon the size of the institution and the lateness of the filing. See 77 FR 74573, 74576–78 (Dec. 17, 2012), to be VerDate Sep<11>2014 20:21 Jan 30, 2019 Jkt 247001 Adjusted maximum CMP 6 (beginning January 15, 2019) Current maximum CMP (through January 14, 2019) U.S. code citation $3,928 ............................................ $39,278 .......................................... $1,963,870 ..................................... $9,819 ............................................ $4,027. $40,269. $2,013,399. $10,067. $3,928 ............................................ $39,278 .......................................... $1,963,870 ..................................... $4,027. $40,269. $2,013,399. $3,591 ............................................ $35,904 .......................................... $1,795,216 ..................................... $3,682. $36,809. $1,840,491. $9,819 ............................................ $49,096 .......................................... $1,963,870 ..................................... $10,067. $50,334. $2,013,399. $9,819 ............................................ $49,096 .......................................... $10,067. $50,334. re-codified at 12 CFR 308.132(e)(1). These adjusted subdivided amounts are found at the end of this chart. 8 The maximum penalty amount for an institution is the lesser of this amount or 1 percent of total assets. 9 12 U.S.C. 1817(a) provides the maximum CMP amounts for the late filing of certain Call Reports. In 1991, however, the FDIC issued regulations that further subdivided these amounts based upon the size of the institution and the lateness of the filing. See 56 FR 37968, 37992–93 (Aug. 9, 1991), to be re-codified at 12 CFR 308.132(e)(1). These adjusted subdivided amounts are found at the end of this chart. 10 The maximum penalty amount for an institution is the lesser of this amount or 1 percent of total assets. 11 The maximum penalty amount for an institution is the lesser of this amount or 1 percent of total assets. 12 The maximum penalty amount for an institution is the lesser of this amount or 1 percent of total assets. 13 These amounts also apply to CMPs in statutes that cross-reference 12 U.S.C. 1818, such as 12 PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 U.S.C. 2601, 2804(b), 3108(b), 3349(b), 4009(a), 4309(a), 4717(b); 15 U.S.C. 1607(a), 1681s(b), 1691(b), 1691c(a), 1693o(a); and 42 U.S.C. 3601. 14 The maximum penalty amount for an institution is the lesser of this amount or 1 percent of total assets. 15 The $122-per-day maximum CMP under 12 U.S.C. 1828(h), for failure or refusal to pay any assessment, applies only when the assessment is less than $10,000. When the amount of the assessment is $10,000 or more, the maximum CMP under section 1828(h) is 1 percent of the amount of the assessment for each day that the failure or refusal continues. 16 The maximum penalty amount for an institution is the lesser of this amount or 1 percent of total assets. 17 The maximum penalty amount for an institution is the greater of this amount or 1/ 100,000th of the institution’s total assets. 18 The maximum penalty amount for an institution is the greater of this amount or 1/ 50,000th of the institution’s total assets. 19 The maximum penalty amount for an institution is the lesser of this amount or 1 percent of total assets. E:\FR\FM\31JAN1.SGM 31JAN1 714 Federal Register / Vol. 84, No. 21 / Thursday, January 31, 2019 / Notices MAXIMUM CIVIL MONEY PENALTY AMOUNTS—Continued 12 12 12 12 12 12 12 12 12 15 15 31 42 Tier Three CMP 14 ............................................................................ U.S.C. 1820(e)(4) ............................................................................... U.S.C. 1820(k)(6) ............................................................................... U.S.C. 1828(a)(3) ............................................................................... U.S.C. 1828(h): 15 For assessments <$10,000 ............................................................. U.S.C. 1829b(j) .................................................................................. U.S.C. 1832(c) ................................................................................... U.S.C. 1884 ........................................................................................ U.S.C. 1972(2)(F): Tier One CMP .................................................................................. Tier Two CMP .................................................................................. Tier Three CMP 16 ............................................................................ U.S.C. 3909(d) ................................................................................... U.S.C. 78u–2: Tier One CMP (individuals) .............................................................. Tier One CMP (others) .................................................................... Tier Two CMP (individuals) .............................................................. Tier Two CMP (others) .................................................................... Tier Three CMP (individuals) ........................................................... Tier Three CMP (others) .................................................................. U.S.C. 1639e(k): First violation .................................................................................... Subsequent violations ...................................................................... U.S.C. 3802 ........................................................................................ U.S.C. 4012a(f) .................................................................................. 12 CFR 308.132(e)(1)(i): Institutions with $25 million or more in assets: 1 to 15 days late ....................................................................... 16 or more days late ................................................................. Institutions with less than $25 million in assets: 1 to 15 days late 17 ................................................................... 16 or more days late 18 ............................................................. 12 CFR 308.132(e)(1)(ii): Institutions with $25 million or more in assets: 1 to 15 days late ....................................................................... 16 or more days late ................................................................. Institutions with less than $25 million in assets: 1 to 15 days late ....................................................................... 16 or more days late ................................................................. 12 CFR 308.132(e)(2) ............................................................................. 12 CFR 308.132(e)(3): Tier One CMP .................................................................................. Tier Two CMP .................................................................................. Tier Three CMP 19 ............................................................................ amozie on DSK3GDR082PROD with NOTICES1 $1,963,870 ..................................... $8,977 ............................................ $323,027 ........................................ $122 ............................................... $2,013,399. $9,203. $331,174. $125. $122 ............................................... $20,521 .......................................... $2,852 ............................................ $285 ............................................... $125. $21,039. $2,924. $292. $9,819 ............................................ $49,096 .......................................... $1,963,870 ..................................... $2,443 ............................................ $10,067. $50,334. $2,013,399. $2,505. $9,239 ............................................ $92,383 .......................................... $92,383 .......................................... $461,916 ........................................ $184,767 ........................................ $923,831 ........................................ $9,472. $94,713. $94,713. $473,566. $189,427. $947,130. $11,279 .......................................... $22,556 .......................................... $11,181 .......................................... $2,133 ............................................ $11,563. $23,125. $11,463. $2,187. Current presumptive CMP (through January 14, 2019) CFR citation Adjusted presumptive CMP (beginning January 15, 2019) $538 ............................................... $1,078 ............................................ $552. $1,105. $180 ............................................... $359 ............................................... $185. $368. $897 ............................................... $1,795 ............................................ $920. $1,840. 1/50,000th of the institution’s total assets. 1/25,000th of the institution’s total assets. $39,278 .......................................... 1/50,000th of the institution’s total assets. 1/25,000th of the institution’s total assets. $40,269. $3,928 ............................................ $39,278 .......................................... $1,963,870 ..................................... $4,027. $40,269. $2,013,399. Dated at Washington, DC, on December 21, 2018. Federal Deposit Insurance Corporation. Valerie Best, Assistant Executive Secretary. FEDERAL DEPOSIT INSURANCE CORPORATION [FR Doc. 2019–00510 Filed 1–30–19; 8:45 am] Notice is hereby given that the Federal Deposit Insurance Corporation (FDIC or BILLING CODE 6714–01–P Adjusted maximum CMP 6 (beginning January 15, 2019) Current maximum CMP (through January 14, 2019) U.S. code citation Notice to All Interested Parties of Intent To Terminate Receiverships Receiver), as Receiver for the institutions listed below, intends to terminate its receivership for said institutions. NOTICE OF INTENT TO TERMINATE RECEIVERSHIPS Fund Receivership name City 10144 ................................................... Home Federal Savings Bank .............. Detroit .................................................. VerDate Sep<11>2014 20:21 Jan 30, 2019 Jkt 247001 PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 E:\FR\FM\31JAN1.SGM State 31JAN1 MI Date of appointment of receiver 11/06/2009

Agencies

[Federal Register Volume 84, Number 21 (Thursday, January 31, 2019)]
[Notices]
[Pages 712-714]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-00510]


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FEDERAL DEPOSIT INSURANCE CORPORATION

RIN 3064-ZA05


Notice of Inflation Adjustments for Civil Money Penalties

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice of Monetary Penalties 2019.

-----------------------------------------------------------------------

SUMMARY: The Federal Deposit Insurance Corporation is providing notice 
of its maximum civil money penalties as adjusted for inflation. The 
inflation adjustments are required to implement the Federal Civil 
Penalties Inflation Adjustment Act of 1990, as amended by the Federal 
Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

[[Page 713]]


DATES: The adjusted maximum amounts of civil money penalties in this 
notice are applicable to penalties assessed after January 15, 2019, for 
conduct occurring on or after November 2, 2015.

FOR FURTHER INFORMATION CONTACT: Graham N. Rehrig, Senior Attorney, 
Legal Division, (202) 898-3829, grehrig@fdic.gov; or Sydney Mayer, 
Attorney, Legal Division, (202) 898-3669, smayer@fdic.gov; Federal 
Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 
20429.

SUPPLEMENTARY INFORMATION: This notice announces changes to the maximum 
amount of each civil money penalty (CMP) within the Federal Deposit 
Insurance Corporation's (FDIC) jurisdiction to administer to account 
for inflation under the Federal Civil Penalties Inflation Adjustment 
Act of 1990 (1990 Adjustment Act),\1\ as amended by the Federal Civil 
Penalties Inflation Adjustment Act Improvements Act of 2015 (2015 
Adjustment Act).\2\ Under the 1990 Adjustment Act, as amended, federal 
agencies must make annual adjustments to the maximum amount of each CMP 
the agency administers. The Office of Management and Budget (OMB) is 
required to issue guidance to federal agencies no later than December 
15 of each year providing an inflation-adjustment multiplier (i.e., the 
inflation-adjustment factor agencies must use) applicable to CMPs 
assessed in the following year.
---------------------------------------------------------------------------

    \1\ Public Law 101-410, 104 Stat. 890, codified at 28 U.S.C. 
2461 note.
    \2\ Public Law 114-74, 701(b), 129 Stat. 599, codified at 28 
U.S.C. 2461 note.
---------------------------------------------------------------------------

    Agencies are required to publish their CMPs, adjusted under the 
multiplier provided by the OMB, by January 15 of the applicable year. 
Agencies, like the FDIC, that have codified the statutory formula for 
making the CMP adjustments may make annual inflation adjustments by 
providing notice in the Federal Register.\3\
---------------------------------------------------------------------------

    \3\ See Office of Mgmt. & Budget, Exec. Office of the President, 
OMB Memorandum No. M-19-04, Implementation of Penalty Inflation 
Adjustments for 2019, Pursuant to the Federal Civil Penalties 
Inflation Adjustment Act Improvements Act of 2015 4 (2018), https://www.whitehouse.gov/wp-content/uploads/2017/11/m_19_04.pdf (``OMB 
Guidance'').
---------------------------------------------------------------------------

    On December 14, 2018, the OMB issued guidance to affected agencies 
on implementing the required annual adjustment, which guidance included 
the relevant inflation multiplier.\4\ The FDIC has applied that 
multiplier to the maximum CMPs allowable in 2018 for FDIC-supervised 
institutions to calculate the maximum amount of CMPs that may be 
assessed by the FDIC in 2019.\5\ There were no new statutory CMPs 
administered by the FDIC during 2018.
---------------------------------------------------------------------------

    \4\ See OMB Guidance at 1 (providing an inflation multiplier of 
1.02522).
    \5\ Penalties assessed for violations occurring prior to 
November 2, 2015, will be subject to the maximum amounts set forth 
in the FDIC's regulations in effect prior to the enactment of the 
2015 Adjustment Act.
---------------------------------------------------------------------------

    The following charts provide the inflation-adjusted maximum CMP 
amounts for use after January 15, 2019--the effective date of the 2019 
annual adjustments--under 12 CFR part 308, for conduct occurring on or 
after November 2, 2015:
---------------------------------------------------------------------------

    \6\ The maximum penalty amount is per day, unless otherwise 
indicated.
    \7\ 12 U.S.C. 1464(v) provides the maximum CMP amounts for the 
late filing of certain Call Reports. In 2012, however, the FDIC 
issued regulations that further subdivided these amounts based upon 
the size of the institution and the lateness of the filing. See 77 
FR 74573, 74576-78 (Dec. 17, 2012), to be re-codified at 12 CFR 
308.132(e)(1). These adjusted subdivided amounts are found at the 
end of this chart.
    \8\ The maximum penalty amount for an institution is the lesser 
of this amount or 1 percent of total assets.
    \9\ 12 U.S.C. 1817(a) provides the maximum CMP amounts for the 
late filing of certain Call Reports. In 1991, however, the FDIC 
issued regulations that further subdivided these amounts based upon 
the size of the institution and the lateness of the filing. See 56 
FR 37968, 37992-93 (Aug. 9, 1991), to be re-codified at 12 CFR 
308.132(e)(1). These adjusted subdivided amounts are found at the 
end of this chart.
    \10\ The maximum penalty amount for an institution is the lesser 
of this amount or 1 percent of total assets.
    \11\ The maximum penalty amount for an institution is the lesser 
of this amount or 1 percent of total assets.
    \12\ The maximum penalty amount for an institution is the lesser 
of this amount or 1 percent of total assets.
    \13\ These amounts also apply to CMPs in statutes that cross-
reference 12 U.S.C. 1818, such as 12 U.S.C. 2601, 2804(b), 3108(b), 
3349(b), 4009(a), 4309(a), 4717(b); 15 U.S.C. 1607(a), 1681s(b), 
1691(b), 1691c(a), 1693o(a); and 42 U.S.C. 3601.
    \14\ The maximum penalty amount for an institution is the lesser 
of this amount or 1 percent of total assets.
    \15\ The $122-per-day maximum CMP under 12 U.S.C. 1828(h), for 
failure or refusal to pay any assessment, applies only when the 
assessment is less than $10,000. When the amount of the assessment 
is $10,000 or more, the maximum CMP under section 1828(h) is 1 
percent of the amount of the assessment for each day that the 
failure or refusal continues.
    \16\ The maximum penalty amount for an institution is the lesser 
of this amount or 1 percent of total assets.
    \17\ The maximum penalty amount for an institution is the 
greater of this amount or 1/100,000th of the institution's total 
assets.
    \18\ The maximum penalty amount for an institution is the 
greater of this amount or 1/50,000th of the institution's total 
assets.
    \19\ The maximum penalty amount for an institution is the lesser 
of this amount or 1 percent of total assets.

                   Maximum Civil Money Penalty Amounts
------------------------------------------------------------------------
                                    Current maximum    Adjusted maximum
       U.S. code citation            CMP (through     CMP \6\ (beginning
                                   January 14, 2019)   January 15, 2019)
------------------------------------------------------------------------
12 U.S.C. 1464(v):
    Tier One CMP \7\............  $3,928............  $4,027.
    Tier Two CMP................  $39,278...........  $40,269.
    Tier Three CMP \8\..........  $1,963,870........  $2,013,399.
12 U.S.C. 1467(d)...............  $9,819............  $10,067.
12 U.S.C. 1817(a):
    Tier One CMP \9\............  $3,928............  $4,027.
    Tier Two CMP................  $39,278...........  $40,269.
    Tier Three CMP \10\.........  $1,963,870........  $2,013,399.
12 U.S.C. 1817(c):
    Tier One CMP................  $3,591............  $3,682.
    Tier Two CMP................  $35,904...........  $36,809.
    Tier Three CMP \11\.........  $1,795,216........  $1,840,491.
12 U.S.C. 1817(j)(16):
    Tier One CMP................  $9,819............  $10,067.
    Tier Two CMP................  $49,096...........  $50,334.
    Tier Three CMP \12\.........  $1,963,870........  $2,013,399.
12 U.S.C. 1818(i)(2): \13\
    Tier One CMP................  $9,819............  $10,067.
    Tier Two CMP................  $49,096...........  $50,334.

[[Page 714]]

 
    Tier Three CMP \14\.........  $1,963,870........  $2,013,399.
12 U.S.C. 1820(e)(4)............  $8,977............  $9,203.
12 U.S.C. 1820(k)(6)............  $323,027..........  $331,174.
12 U.S.C. 1828(a)(3)............  $122..............  $125.
12 U.S.C. 1828(h): \15\
    For assessments <$10,000....  $122..............  $125.
12 U.S.C. 1829b(j)..............  $20,521...........  $21,039.
12 U.S.C. 1832(c)...............  $2,852............  $2,924.
12 U.S.C. 1884..................  $285..............  $292.
12 U.S.C. 1972(2)(F):
    Tier One CMP................  $9,819............  $10,067.
    Tier Two CMP................  $49,096...........  $50,334.
    Tier Three CMP \16\.........  $1,963,870........  $2,013,399.
12 U.S.C. 3909(d)...............  $2,443............  $2,505.
15 U.S.C. 78u-2:
    Tier One CMP (individuals)..  $9,239............  $9,472.
    Tier One CMP (others).......  $92,383...........  $94,713.
    Tier Two CMP (individuals)..  $92,383...........  $94,713.
    Tier Two CMP (others).......  $461,916..........  $473,566.
    Tier Three CMP (individuals)  $184,767..........  $189,427.
    Tier Three CMP (others).....  $923,831..........  $947,130.
15 U.S.C. 1639e(k):
    First violation.............  $11,279...........  $11,563.
    Subsequent violations.......  $22,556...........  $23,125.
31 U.S.C. 3802..................  $11,181...........  $11,463.
42 U.S.C. 4012a(f)..............  $2,133............  $2,187.
------------------------------------------------------------------------


 
                                        Current            Adjusted
                                    presumptive CMP     presumptive CMP
          CFR citation             (through January   (beginning January
                                       14, 2019)           15, 2019)
------------------------------------------------------------------------
12 CFR 308.132(e)(1)(i):
    Institutions with $25
     million or more in assets:
        1 to 15 days late.......  $538..............  $552.
        16 or more days late....  $1,078............  $1,105.
    Institutions with less than
     $25 million in assets:
        1 to 15 days late \17\..  $180..............  $185.
        16 or more days late      $359..............  $368.
         \18\.
12 CFR 308.132(e)(1)(ii):
    Institutions with $25
     million or more in assets:
        1 to 15 days late.......  $897..............  $920.
        16 or more days late....  $1,795............  $1,840.
    Institutions with less than
     $25 million in assets:
        1 to 15 days late.......  1/50,000th of the   1/50,000th of the
                                   institution's       institution's
                                   total assets.       total assets.
        16 or more days late....  1/25,000th of the   1/25,000th of the
                                   institution's       institution's
                                   total assets.       total assets.
12 CFR 308.132(e)(2)............  $39,278...........  $40,269.
12 CFR 308.132(e)(3):
    Tier One CMP................  $3,928............  $4,027.
    Tier Two CMP................  $39,278...........  $40,269.
    Tier Three CMP \19\.........  $1,963,870........  $2,013,399.
------------------------------------------------------------------------


    Dated at Washington, DC, on December 21, 2018.

Federal Deposit Insurance Corporation.
Valerie Best,
Assistant Executive Secretary.
[FR Doc. 2019-00510 Filed 1-30-19; 8:45 am]
BILLING CODE 6714-01-P