Bankowość i finanse · 21/06/2016

NCUA Adopts Inflation Adjustment for Civil Monetary Penalties

The NCUA Board is updating its regulations to adjust the maximum amount of civil monetary penalties within its jurisdiction to reflect inflation, in accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.