Banking and Finance Law Daily Wrap Up, ENFORCEMENT ACTIONS—Agencies adjust maximum civil penalties for inflation, (Jan 11, 2022)

By Colleen M. Svelnis, J.D.

The OCC, FHFA and FDIC have provided notice of adjustments for the amounts for this year. The changes take effect January 12 for the OCC, and January 15 for the FHFA and FDIC.

The Office of the Comptroller of the Currency, the Federal Housing Finance Agency, and the Federal Deposit Insurance Corporation have announced adjustments ...