1. (a) The maximum amount of each civil penalty within the jurisdiction of the Consumer Financial Protection Bureau 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)Law Penalty description Adjusted maximum civil penalty amount 12 U.S.C. 5565(c)(2)(A)Tier 1 penalty$6,323 12 U.S.C. 5565(c)(2)(B)Tier 2 penalty31,616 12 U.S.C. 5565(c)(2)(C)Tier 3 penalty1,264,622 15 U.S.C. 1717a(a)(2)Per violation2,203 15 U.S.C. 1717a(a)(2)Annual cap2,202,123 12 U.S.C. 2609(d)(1)Per failure103 12 U.S.C. 2609(d)(1)Annual cap207,183 12 U.S.C. 2609(d)(2)(A)Per failure, where intentional207 12 U.S.C. 5113(d)(2)Per violation31,928 15 U.S.C. 1639e(k)(1)First violation12,647 15 U.S.C. 1639e(k)(2)Subsequent violations25,293

2. (b) The adjustments in paragraph (a) of this section shall apply to civil penalties assessed after January 15, 2022, whose associated violations occurred on or after November 2, 2015.

[87 FR 2316, Jan. 14, 2022]