Finance & markets · 01/07/2016

FHFA Adopts Inflation Adjustment to Civil Money Penalties

The Federal Housing Finance Agency (FHFA) is implementing an interim final rule to adjust civil money penalties for inflation, following the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The rule will take effect if no comments are received within the specified timeframe.