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Bankowość i finanse · 4.03.2009

Civil Monetary Penalty Inflation Adjustment

The National Credit Union Administration (NCUA) is amending its rules of practice and procedure to adjust the maximum amount of each civil money penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustment, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996.

Source: Federal Register — National Credit Union AdministrationOpen original release →