Home / Agencies / Federal Reserve / 2024-00650
Final Rule

Rules of Practice for Hearings

Document Number
2024-00650
Published
January 12, 2024
Effective Date
January 12, 2024

Abstract

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.

Federal Register Source

This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.

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Frequently Asked Questions

What is the 2024-00650 Federal Register document?
Document 2024-00650 is a Final Rule published by the Federal Reserve System in the Federal Register on January 12, 2024, with an effective date of January 12, 2024. 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/2024/01/12/2024-00650/rules-of-practice-for-hearings.
Is document 2024-00650 an economically significant rule?
No. Document 2024-00650 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.
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