1. (a) The maximum amount of each civil penalty within the jurisdiction of the Bureau of Consumer Financial Protection to impose is adjusted in accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and further amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (28 U.S.C. 2461 note), as follows:

   Table 1 to Paragraph (a)U.S. Code citation Civil penalty description Adjusted maximum civil penalty amount 12 U.S.C. 5565(c)(2)(A)Tier 1 penalty$5,781 12 U.S.C. 5565(c)(2)(B)Tier 2 penalty28,906 12 U.S.C. 5565(c)(2)(C)Tier 3 penalty1,156,242 15 U.S.C. 1717a(a)(2)Per violation2,014 15 U.S.C. 1717a(a)(2)Annual cap2,013,399 12 U.S.C. 2609(d)(1)Per failure94 12 U.S.C. 2609(d)(1)Annual cap189,427 12 U.S.C. 2609(d)(2)(A)Per failure, where intentional190 12 U.S.C. 5113(d)(2)Per violation29,192 15 U.S.C. 1639e(k)(1)First violation11,563 15 U.S.C. 1639e(k)(2)Subsequent violations23,125

2. (b) The adjustments in paragraph (a) of this section shall apply to civil penalties assessed after January 31, 2019, whose associated violations occurred on or after November 2, 2015.

[84 FR 520, Jan. 31, 2019]