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OCC Bulletin 2012-38: Civil Money Penalty: Inflation Adjustment Amendments

The Office of the Comptroller of the Currency (OCC) issued Bulletin 2012-38 to advise national banks and federal savings associations, among other organizations, about a recent OCC rule that adjusted the maximum amount of each civil money penalty (CMP) for inflation, within its jurisdiction, as required by law. The adjustments apply only to violations or practices that occur after December 6, 2012.

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