National Credit Union Administration January 23, 2017 – Federal Register Recent Federal Regulation Documents

Civil Monetary Penalty Inflation Adjustment
Document Number: 2017-00473
Type: Rule
Date: 2017-01-23
Agency: National Credit Union Administration, Agencies and Commissions
The NCUA Board (Board) is amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.