12 C.F.R. § 1083.1 : Banks and Banking — BUREAU OF CONSUMER FINANCIAL PROTECTION — CIVIL PENALTY ADJUSTMENTS — 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 $6,813
12 U.S.C. 5565(c)(2)(B) Tier 2 penalty 34,065
12 U.S.C. 5565(c)(2)(C) Tier 3 penalty 1,362,567
15 U.S.C. 1717a(a)(2) Per violation 2,374
15 U.S.C. 1717a(a)(2) Annual cap 2,372,677
12 U.S.C. 2609(d)(1) Per failure 111
12 U.S.C. 2609(d)(1) Annual cap 223,229
12 U.S.C. 2609(d)(2)(A) Per failure, where intentional 223
12 U.S.C. 5113(d)(2) Per violation 34,401
15 U.S.C. 1639e(k)(1) First violation 13,627
15 U.S.C. 1639e(k)(2) Subsequent violations 27,252

(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.

12 C.F.R. §1083.1

87 FR 2316, 1/14/2022
81 FR 38571, 7/14/2016; 82 FR 3602, 1/12/2017; 83 FR 1527, 1/12/2018; 85 FR 2014, 1/14/2020; 86 FR 3768, 1/15/2021; 87 FR 2316, 1/14/2022; 88 FR 2, 1/15/2023