View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
TREAS/FINCEN RIN: 1506-AB33 Publication ID: Fall 2016 
Title: ●Civil Monetary Penalty Adjustment  
Abstract:

FinCEN is amending the regulations under the Bank Secrecy Act to adjust the maximum amount or range, as set by statute, of certain civil monetary penalty within its jurisdiction to account for inflation. This action is being taken to implement the requirements of the Federal Civil Penalties Inflation Adjustment Act of 1990, as further amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

 
Agency: Department of the Treasury(TREAS)  Priority: Info./Admin./Other 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 31 CFR 810-850     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 31 U.S.C. 5321    31 U.S.C. 5318    31 U.S.C. 5330    12 U.S.C. 1829    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  06/30/2016  81 FR 42503   
Interim Final Rule Effective  08/01/2016 
Interim Final Rule Comment Period End  08/01/2016 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
William Middlebrooks
Senior Program Manager
Department of the Treasury
Financial Crimes Enforcement Network
1801 L Street NW.,
Washington, DC 20036
Phone:703 905-3803
Email: william.middlebrooks@fincen.gov