Notice of Inflation Adjustments for Civil Money Penalties, 1411-1413 [2022-00286]

Download as PDF Federal Register / Vol. 87, No. 7 / Tuesday, January 11, 2022 / Notices community-engagement/oak-ridge-sitespecific-advisory-board. SUPPLEMENTARY INFORMATION: Purpose of the Board: The purpose of the Board is to make recommendations to DOE–EM and site management in the areas of environmental restoration, waste management, and related activities. Tentative Agenda: • Comments from the Deputy Designated Federal Officer (DDFO) • Comments from the DOE, Tennessee Department of Environment and Conservation, and Environmental Protection Agency Liaisons • Presentation: Overview of Federal Advisory Committee Act • Public Comment Period • Motions/Approval of June 6, 2021 Meeting Minutes • Status of Outstanding Recommendations • Alternate DDFO Report • Committee Reports Public Participation: The online meeting is open to the public. Written statements may be filed with the Board via email either before or after the meeting as there will not be opportunities for live public comment during this online virtual meeting. Public comments received by no later than 5:00 p.m. EST on Wednesday, February 2, 2022, will be read aloud during the virtual meeting. Comments will be accepted after the meeting, by no later than 5:00 p.m. EST on Monday, February 14, 2022. Please submit comments to orssab@orem.doe.gov. The Deputy Designated Federal Officer is empowered to conduct the meeting in a fashion that will facilitate the orderly conduct of business. Individuals wishing to submit public comments should email them as directed above. Minutes: Minutes will be available by emailing or calling Melyssa P. Noe at the email address and telephone number listed above. Minutes will also be available at the following website: https://www.energy.gov/orem/listings/ oak-ridge-site-specific-advisory-boardmeetings. Signed in Washington, DC, on January 6, 2022. LaTanya Butler, Deputy Committee Management Officer. [FR Doc. 2022–00331 Filed 1–10–22; 8:45 am] BILLING CODE 6450–01–P FEDERAL DEPOSIT INSURANCE CORPORATION RIN 3064–ZA29 Notice of Inflation Adjustments for Civil Money Penalties Federal Deposit Insurance Corporation. ACTION: Notice of monetary penalties 2022. AGENCY: The Federal Deposit Insurance Corporation is providing notice of its maximum civil money penalties as adjusted for inflation. DATES: The adjusted maximum amounts of civil money penalties in this notice are applicable to penalties assessed after January 15, 2022, for conduct occurring on or after November 2, 2015. FOR FURTHER INFORMATION CONTACT: Graham N. Rehrig, Senior Attorney, Legal Division, (703) 314–3401, grehrig@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 SUMMARY: 1411 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. 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 On December 15, 2021, 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 2021 for FDIC-supervised institutions to calculate the maximum amount of CMPs that may be assessed by the FDIC in 2022.5 There were no new statutory CMPs administered by the FDIC during 2021. The following charts provide the inflation-adjusted maximum CMP amounts for use after January 15, 2022— the effective date of the 2022 annual adjustments—under 12 CFR part 308, for conduct occurring on or after November 2, 2015: MAXIMUM CIVIL MONEY PENALTY AMOUNTS Current maximum CMP (through January 14, 2022) khammond on DSKJM1Z7X2PROD with NOTICES U.S. code citation 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 ........................................................................................................................ 1 Public Law 101–410, 104 Stat. 890, codified at 28 U.S.C. 2461 note. 2 Public Law 114–74, sec. 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–22–07, Implementation of Penalty Inflation Adjustments VerDate Sep<11>2014 20:22 Jan 10, 2022 Jkt 256001 for 2022, Pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 4 (Dec. 15, 2021), https://www.whitehouse.gov/wpcontent/uploads/2021/12/M-22-07.pdf (‘‘OMB Guidance’’); see also 12 CFR 308.132(d) (FDIC regulation that guides readers to the Federal Register to see the annual notice of CMP inflation adjustments). PO 00000 Frm 00020 Fmt 4703 Sfmt 4703 Adjusted maximum CMP 6 (beginning January 15, 2022) $4,146 41,463 2,073,133 10,366 $4,404 44,043 2,202,123 11,011 4,146 4,404 4 See OMB Guidance at 1 (providing an inflation multiplier of 1.06222). 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. E:\FR\FM\11JAN1.SGM 11JAN1 1412 Federal Register / Vol. 87, No. 7 / Tuesday, January 11, 2022 / Notices MAXIMUM CIVIL MONEY PENALTY AMOUNTS—Continued Current maximum CMP (through January 14, 2022) U.S. code citation 12 12 12 12 12 12 12 12 12 12 12 12 15 15 31 42 Tier Two CMP .......................................................................................................................... Tier Three CMP 10 .................................................................................................................... U.S.C. 1817(c): Tier One CMP .......................................................................................................................... Tier Two CMP .......................................................................................................................... Tier Three CMP 11 .................................................................................................................... U.S.C. 1817(j)(16): Tier One CMP .......................................................................................................................... Tier Two CMP .......................................................................................................................... Tier Three CMP 12 ..................................................................................................................... U.S.C. 1818(i)(2): 13 Tier One CMP .......................................................................................................................... Tier Two CMP .......................................................................................................................... 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) ........................................................................................................................... Adjusted maximum CMP 6 (beginning January 15, 2022) 41,463 2,073,133 44,043 2,202,123 3,791 37,901 1,895,095 4,027 40,259 2,013,008 10,366 51,827 2,073,133 11,011 55,052 2,202,123 10,366 51,827 2,073,133 9,476 341,000 129 11,011 55,052 2,202,123 10,066 362,217 137 129 21,663 3,011 301 137 23,011 3,198 320 10,366 51,827 2,073,133 2,579 11,011 55,052 2,202,123 2,739 9,753 97,523 97,523 487,616 195,047 975,230 10,360 103,591 103,591 517,955 207,183 1,035,909 11,906 23,811 11,803 2,252 12,647 25,293 12,537 2,392 6 The maximum penalty amount is per day, unless otherwise indicated. 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), 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), 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 $137-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. 7 12 Current presumptive CMP (through January 14, 2022) khammond on DSKJM1Z7X2PROD with NOTICES CFR citation 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 ........................ VerDate Sep<11>2014 20:22 Jan 10, 2022 Jkt 256001 Adjusted presumptive CMP (beginning January 15, 2022) $569 ................................................................. $1,137 .............................................................. $604. $1,208. $190 ................................................................. $378 ................................................................. $202 $402. PO 00000 Frm 00021 Fmt 4703 Sfmt 4703 E:\FR\FM\11JAN1.SGM 11JAN1 Federal Register / Vol. 87, No. 7 / Tuesday, January 11, 2022 / Notices Current presumptive CMP (through January 14, 2022) CFR citation 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 ....................................... 17 The 18 The 19 The Adjusted presumptive CMP (beginning January 15, 2022) $947 ................................................................. $1,894 .............................................................. $1,006. $2,012. 1/50,000th of the institution’s total assets ....... 1/25,000th of the institution’s ........................... total assets ....................................................... $41,463 ............................................................ 1/50,000th of the institution’s total assets. 1/25,000th of the institution’s total assets. $44,043. $4,146 .............................................................. $41,463 ............................................................ $2,073,133 ....................................................... $4,404. $44,043. $2,202,123. maximum penalty amount for an institution is the greater of this amount or 1/100,000th of the institution’s total assets. maximum penalty amount for an institution is the greater of this amount or 1/50,000th of the institution’s total assets. maximum penalty amount for an institution is the lesser of this amount or 1 percent of total assets. Federal Deposit Insurance Corporation. Dated at Washington, DC, on January 5, 2022. James P. Sheesley, Assistant Executive Secretary. by January 5, 2023, and the final decision of the Commission shall be issued by July 19, 2023. William Cody, Secretary. [FR Doc. 2022–00286 Filed 1–10–22; 8:45 am] [FR Doc. 2022–00249 Filed 1–10–22; 8:45 am] BILLING CODE 6714–01–P BILLING CODE 6730–02–P FEDERAL MARITIME COMMISSION DEPARTMENT OF DEFENSE [Docket No. 22–01] CCMA, LLC, Complainant v. Safmarine, Inc. and Ports America Chesapeake, LLC, Respondents; Notice of Filing of Complaint and Assignment khammond on DSKJM1Z7X2PROD with NOTICES 1413 Notice is given that a complaint has been filed with the Federal Maritime Commission (Commission) by CCMA, LLC, hereinafter ‘‘Complainant,’’ against Safmarine, Inc. and Ports America Chesapeake, LLC, hereinafter ‘‘Respondents.’’ Complainant is a Delaware corporation that purchased containers of high carbon ferro for shipment to Baltimore. Complainant alleges that Respondent Safmarine, Inc. is a Delaware corporation and common carrier, and that Respondent Ports America Chesapeake, LLC is a Delaware corporation and a marine terminal operator. Complainant alleges that Respondents violated 46 U.S.C. 41102(c) and 46 CFR 545.4 and 545.5 with regard to assessing demurrage charges against shipments that are subject to a governmental hold for examination by Customs, and therefore, unavailable for pick-up. The full text of the complaint can be found in the Commission’s Electronic Reading Room at https://www2.fmc.gov/ readingroom/proceeding/22-01/. This proceeding has been assigned to Office of Administrative Law Judges. The initial decision of the presiding office in this proceeding shall be issued VerDate Sep<11>2014 20:22 Jan 10, 2022 Jkt 256001 GENERAL SERVICES ADMINISTRATION [OMB Control No. 9000–0066; Docket No. 2022–0053; Sequence No. 2] Information Collection; Certain Federal Acquisition Regulation Part 22 Labor Requirements Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice and request for comments. AGENCY: In accordance with the Paperwork Reduction Act of 1995, and the Office of Management and Budget (OMB) regulations, DoD, GSA, and NASA invite the public to comment on an extension concerning certain Federal Acquisition Regulation (FAR) labor requirements. DoD, GSA, and NASA invite comments on: Whether the proposed collection of information is necessary for the proper performance of the functions of Federal Government acquisitions, including whether the information will have practical utility; the accuracy of the estimate of the burden of the proposed information collection; ways to enhance the quality, utility, and clarity of the information to PO 00000 Frm 00022 Fmt 4703 Sfmt 4703 DoD, GSA, and NASA will consider all comments received by March 14, 2022. DATES: NATIONAL AERONAUTICS AND SPACE ADMINISTRATION SUMMARY: be collected; and ways to minimize the burden of the information collection on respondents, including the use of automated collection techniques or other forms of information technology. OMB has approved this information collection for use through March 31, 2022. DoD, GSA, and NASA propose that OMB extend its approval for use for three additional years beyond the current expiration date. DoD, GSA, and NASA invite interested persons to submit comments on this collection through https://www.regulations.gov and follow the instructions on the site. This website provides the ability to type short comments directly into the comment field or attach a file for lengthier comments. If there are difficulties submitting comments, contact the GSA Regulatory Secretariat Division at 202– 501–4755 or GSARegSec@gsa.gov. Instructions: All items submitted must cite OMB Control No. 9000–0066, Certain Federal Acquisition Regulation Part 22 Labor Requirements. Comments received generally will be posted without change to https:// www.regulations.gov, including any personal and/or business confidential information provided. To confirm receipt of your comment(s), please check www.regulations.gov, approximately two to three days after submission to verify posting. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Jennifer Hawes, Procurement Analyst, at telephone 202–969–7386, or jennifer.hawes@gsa.gov. SUPPLEMENTARY INFORMATION: E:\FR\FM\11JAN1.SGM 11JAN1

Agencies

[Federal Register Volume 87, Number 7 (Tuesday, January 11, 2022)]
[Notices]
[Pages 1411-1413]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-00286]


=======================================================================
-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION

RIN 3064-ZA29


Notice of Inflation Adjustments for Civil Money Penalties

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice of monetary penalties 2022.

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

SUMMARY: The Federal Deposit Insurance Corporation is providing notice 
of its maximum civil money penalties as adjusted for inflation.

DATES: The adjusted maximum amounts of civil money penalties in this 
notice are applicable to penalties assessed after January 15, 2022, for 
conduct occurring on or after November 2, 2015.

FOR FURTHER INFORMATION CONTACT: Graham N. Rehrig, Senior Attorney, 
Legal Division, (703) 314-3401, [email protected]; 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, sec. 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-22-07, Implementation of Penalty Inflation 
Adjustments for 2022, Pursuant to the Federal Civil Penalties 
Inflation Adjustment Act Improvements Act of 2015 4 (Dec. 15, 2021), 
https://www.whitehouse.gov/wp-content/uploads/2021/12/M-22-07.pdf 
(``OMB Guidance''); see also 12 CFR 308.132(d) (FDIC regulation that 
guides readers to the Federal Register to see the annual notice of 
CMP inflation adjustments).
---------------------------------------------------------------------------

    On December 15, 2021, 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 2021 for FDIC-supervised 
institutions to calculate the maximum amount of CMPs that may be 
assessed by the FDIC in 2022.\5\ There were no new statutory CMPs 
administered by the FDIC during 2021.
---------------------------------------------------------------------------

    \4\ See OMB Guidance at 1 (providing an inflation multiplier of 
1.06222).
    \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, 2022--the effective date of the 2022 
annual adjustments--under 12 CFR part 308, for conduct occurring on or 
after November 2, 2015:

                   Maximum Civil Money Penalty Amounts
------------------------------------------------------------------------
                               Current maximum CMP  Adjusted maximum CMP
     U.S. code citation       (through January 14,     \6\ (beginning
                                      2022)           January 15, 2022)
------------------------------------------------------------------------
12 U.S.C. 1464(v):
    Tier One CMP \7\........                $4,146                $4,404
    Tier Two CMP............                41,463                44,043
    Tier Three CMP \8\......             2,073,133             2,202,123
12 U.S.C. 1467(d)...........                10,366                11,011
12 U.S.C. 1817(a):
    Tier One CMP \9\........                 4,146                 4,404

[[Page 1412]]

 
    Tier Two CMP............                41,463                44,043
    Tier Three CMP \10\.....             2,073,133             2,202,123
12 U.S.C. 1817(c):
    Tier One CMP............                 3,791                 4,027
    Tier Two CMP............                37,901                40,259
    Tier Three CMP \11\.....             1,895,095             2,013,008
12 U.S.C. 1817(j)(16):
    Tier One CMP............                10,366                11,011
    Tier Two CMP............                51,827                55,052
    Tier Three CMP \12\.....             2,073,133             2,202,123
12 U.S.C. 1818(i)(2): \13\
    Tier One CMP............                10,366                11,011
    Tier Two CMP............                51,827                55,052
    Tier Three CMP \14\.....             2,073,133             2,202,123
12 U.S.C. 1820(e)(4)........                 9,476                10,066
12 U.S.C. 1820(k)(6)........               341,000               362,217
12 U.S.C. 1828(a)(3)........                   129                   137
12 U.S.C. 1828(h): \15\
    For assessments <                          129                   137
     $10,000................
12 U.S.C. 1829b(j)..........                21,663                23,011
12 U.S.C. 1832(c)...........                 3,011                 3,198
12 U.S.C. 1884..............                   301                   320
12 U.S.C. 1972(2)(F):
    Tier One CMP............                10,366                11,011
    Tier Two CMP............                51,827                55,052
    Tier Three CMP \16\.....             2,073,133             2,202,123
12 U.S.C. 3909(d)...........                 2,579                 2,739
15 U.S.C. 78u-2:
    Tier One CMP                             9,753                10,360
     (individuals)..........
    Tier One CMP (others)...                97,523               103,591
    Tier Two CMP                            97,523               103,591
     (individuals)..........
    Tier Two CMP (others)...               487,616               517,955
    Tier Three CMP                         195,047               207,183
     (individuals)..........
    Tier Three CMP (others).               975,230             1,035,909
15 U.S.C. 1639e(k):
    First violation.........                11,906                12,647
    Subsequent violations...                23,811                25,293
31 U.S.C. 3802..............                11,803                12,537
42 U.S.C. 4012a(f)..........                 2,252                 2,392
------------------------------------------------------------------------
\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), 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), 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 $137-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.


------------------------------------------------------------------------
                               Current presumptive  Adjusted presumptive
        CFR citation          CMP (through January     CMP (beginning
                                    14, 2022)         January 15, 2022)
------------------------------------------------------------------------
12 CFR 308.132(e)(1)(i):
    Institutions with $25
     million or more in
     assets:
        1 to 15 days late...  $569................  $604.
        16 or more days late  $1,137..............  $1,208.
    Institutions with less
     than $25 million in
     assets:
        1 to 15 days late     $190................  $202
         \17\.
        16 or more days late  $378................  $402.
         \18\.

[[Page 1413]]

 
12 CFR 308.132(e)(1)(ii):
Institutions with $25
 million or more in assets:
        1 to 15 days late...  $947................  $1,006.
        16 or more days late  $1,894..............  $2,012.
    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 total   institution's total
                               assets.               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)........  $41,463.............  $44,043.
12 CFR 308.132(e)(3):
    Tier One CMP............  $4,146..............  $4,404.
    Tier Two CMP............  $41,463.............  $44,043.
    Tier Three CMP \19\.....  $2,073,133..........  $2,202,123.
------------------------------------------------------------------------
\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.


Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on January 5, 2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-00286 Filed 1-10-22; 8:45 am]
BILLING CODE 6714-01-P