Rules of Practice for Hearings

Document 2022-00592 is a Final Rule published by the Federal Reserve System in the Federal Register on January 14, 2022, with an effective date of January 14, 2022. The Board of Governors of the Federal Reserve System (the "Board") is issuing a final rule amending its rules of practice and procedure to adjust the amount of each civil money penalty ("CMP") provided by law within its jurisdiction to account for inflation as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. View the original at https://www.federalregister.gov/documents/2022/01/14/2022-00592/rules-of-practice-for-hearings.

No. Document 2022-00592 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.