1. (a) Inflation adjustments. In accordance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, which further amended the Federal Civil Penalties Inflation Adjustment Act of 1990, the Board has set forth in paragraph (b) of this section the adjusted maximum amounts for each civil money penalty provided by law within the Board's jurisdiction. The authorizing statutes contain the complete provisions under which the Board may seek a civil money penalty. The adjusted civil money penalties apply only to penalties assessed on or after January 13, 2025, whose associated violations occurred on or after November 2, 2015.

2. (b) Maximum civil money penalties. The maximum (or, in the cases of 12 U.S.C. 334 and 1832(c), fixed) civil money penalties as set forth in the referenced statutory sections are set forth in the table in this paragraph (b).

   Table 1 to Paragraph (b)

   Statute	Adjusted civil money penalty
   12 U.S.C. 324:
   Inadvertently late or misleading reports, inter alia	$5,026
   Other late or misleading reports, inter alia	50,265
   Knowingly or reckless false or misleading reports, inter alia	2,513,215
   12 U.S.C. 334	365
   12 U.S.C. 374a	365
   12 U.S.C. 504:
   First Tier	12,567
   Second Tier	62,829
   Third Tier	2,513,215
   12 U.S.C. 505:
   First Tier	12,567
   Second Tier	62,829
   Third Tier	2,513,215
   12 U.S.C. 1464(v)(4)	5,026
   12 U.S.C. 1464(v)(5)	50,265
   12 U.S.C. 1464(v)(6)	2,513,215
   12 U.S.C. 1467a(i)(2)	62,829
   12 U.S.C. 1467a(i)(3)	62,829
   12 U.S.C. 1467a(r):
   First Tier	5,026
   Second Tier	50,265
   Third Tier	2,513,215
   12 U.S.C. 1817(j)(16):
   First Tier	12,567
   Second Tier	62,829
   Third Tier	2,513,215
   12 U.S.C. 1818(i)(2):
   First Tier	12,567
   Second Tier	62,829
   Third Tier	2,513,215
   12 U.S.C. 1820(k)(6)(A)(ii)	413,388
   12 U.S.C. 1832(c)	3,650
   12 U.S.C. 1847(b)	62,829
   12 U.S.C. 1847(d):
   First Tier	5,026
   Second Tier	50,265
   Third Tier	2,513,215
   12 U.S.C. 1884	365
   12 U.S.C. 1972(2)(F):
   First Tier	12,567
   Second Tier	62,829
   Third Tier	2,513,215
   12 U.S.C. 3110(a)	57,435
   12 U.S.C. 3110(c):
   First Tier	4,596
   Second Tier	45,946
   Third Tier	2,297,385
   12 U.S.C. 3909(d)	3,126
   15 U.S.C. 78u-2(b)(1):
   For a natural person	11,823
   For any other person	118,225
   15 U.S.C. 78u-2(b)(2):
   For a natural person	118,225
   For any other person	591,127
   15 U.S.C. 78u-2(b)(3):
   For a natural person	236,451
   For any other person	1,182,251
   15 U.S.C. 1639e(k)(1)	14,435
   15 U.S.C. 1639e(k)(2)	28,866
   42 U.S.C. 4012a(f)(5)	2,730

[Reg. 1864, 90 FR 2607, Jan. 13, 2025]