Search Results for keywords:"Civil Monetary Penalties"

The Federal Communications Commission (FCC) has finalized a rule adjusting civil monetary penalties for inflation as mandated by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. These changes aim to keep the penalties effective as deterrents by adjusting them according to inflation. The rule specifies the updated penalty amounts for various violations under the Communications Act, and these changes apply to penalties assessed from January 15, 2025, onwards. The FCC has also corrected a previously removed footnote regarding penalties for misrepresentation or lack of candor.

The General Services Administration (GSA) has issued a final rule to adjust civil monetary penalties for inflation, as mandated by several acts including the Federal Civil Penalties Inflation Adjustment Act. This rule mandates annual inflation adjustments to the penalties, starting from January 2026. Penalties for false claims against the government are increased to a maximum of $13,700 per violation. The adjustments are exempt from public notice and comment because they follow specific federal legislative requirements.

A correction has been made to a rule document from the Financial Crimes Enforcement Network of the Treasury Department. In the issue from January 28, 2021, there was a mistake in the table titled "Table 1" on page 7349. The date originally said "[INSERT DATE OF PUBLICATION IN THE FEDERAL REGISTER]" and has now been corrected to "January 28, 2021." This adjustment ensures accurate information is provided in the document.