WASHINGTON, June 17 -- Office of the Secretary of the Treasury has issued a rule called: Inflation Adjustment of Civil Monetary Penalties.
The rule was published in the Federal Register on June 17 by Rachel Miller, Executive Secretary.
Summary: The Department of the Treasury ("Department" or "Treasury") publishes this final rule to adjust its civil monetary penalties ("CMPs") for inflation as mandated by the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (collectively referred to herein as "the Act").
For more information, contact For information regarding the Terrorism Risk Insurance Program's CMPs, contact Richard Ifft, Lead Managemen...