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$6,813 12 U.S.C. 5565(c)(2)(B)Tier 2 penalty34,065 12 U.S.C. 5565(c)(2)(C)Tier 3 penalty1,362,567 15 U.S.C. 1717a(a)(2)Per violation2,374 15 U.S.C. 1717a(a)(2)Annual cap2,372,677 12 U.S.C. 2609(d)(1)Per failure111 12 U.S.C. 2609(d)(1)Annual cap223,229 12 U.S.C. 2609(d)(2)(A)Per failure, where intentional223 12 U.S.C. 5113(d)(2)Per violation34,401 15 U.S.C. 1639e(k)(1)First violation13,627 15 U.S.C. 1639e(k)(2)Subsequent violations27,252

2. (b) The adjustments in paragraph (a) of this section shall apply to civil penalties assessed after January 15, 2023, whose associated violations occurred on or after November 2, 2015.

[88 FR 2, Jan. 3, 2023]