12 CFR § 1083.1 - Adjustment of civil penalty amounts.

§ 1083.1 Adjustment of civil penalty amounts.

(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 penalty 31,616
12 U.S.C. 5565(c)(2)(C) Tier 3 penalty 1,264,622
15 U.S.C. 1717a(a)(2) Per violation 2,203
15 U.S.C. 1717a(a)(2) Annual cap 2,202,123
12 U.S.C. 2609(d)(1) Per failure 103
12 U.S.C. 2609(d)(1) Annual cap 207,183
12 U.S.C. 2609(d)(2)(A) Per failure, where intentional 207
12 U.S.C. 5113(d)(2) Per violation 31,928
15 U.S.C. 1639e(k)(1) First violation 12,647
15 U.S.C. 1639e(k)(2) Subsequent violations 25,293

(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]