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