Compliance, Financial Regulations 15 Jan 2025 regulatory compliance, administrative practice and procedure, farm credit administration, penalties, investigations, financial impact, inflation adjustments, civil money penalties, crime

📈Inflation Adjustments to Civil Money Penalties - FCA 2025

This regulation implements inflation adjustments to civil money penalties (CMPs) that the Farm Credit Administration (FCA) may impose or enforce pursuant to the Farm Credit Act of 1971, as amended (Farm Credit Act), and pursuant to the Flood Disaster Protection Act of 1973, as amended by the National Flood Insurance Reform Act of 1994, and further amended by the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters Act) (collectively FDPA, as amended).

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Compliance, Regulatory Requirements 15 Jan 2025 environmental protection, administrative practice and procedure, reporting and recordkeeping requirements, business compliance, nuclear energy, penalties, claims, nuclear regulatory commission, hazardous waste, fraud, civil penalties, freedom of information, confidential business information, organization and functions (government agencies), antitrust, classified information, waste treatment and disposal, nuclear materials, sex discrimination, atomic energy act, program fraud, nuclear power plants and reactors

⚖️NRC Adjusts Civil Penalties for Inflation in FY2025

The U.S. Nuclear Regulatory Commission (NRC) is amending its regulations to adjust the maximum civil monetary penalties it can assess under statutes enforced by the agency. These changes are 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. The NRC is amending its regulations to adjust the maximum civil monetary penalty for a violation of the Atomic Energy Act of 1954, as amended, or any regulation or order issued under the Atomic Energy Act from $362,814 to $372,240 per violation, per day. Additionally, the NRC is amending provisions concerning program fraud civil penalties by adjusting the maximum civil monetary penalty under the Program Fraud Civil Remedies Act from $13,946 to $14,308 for each false claim or statement.

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Compliance, Regulatory Requirements 15 Jan 2025 compliance, administrative practice and procedure, inflation adjustment, penalties, federal communications commission, civil penalties, business risk

⚖️FCC Announces 2025 Civil Penalties Adjustments for Businesses

The Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (Inflation Adjustment Act) requires the Federal Communications Commission to revise its forfeiture penalty rules to reflect annual adjustments for inflation in order to improve their effectiveness and maintain their deterrent effect. The Inflation Adjustment Act provides that the new penalty levels shall apply to penalties assessed after the effective date of the increase, including when the penalties whose associated violation predate the increase.

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Compliance, Regulatory Requirements 15 Jan 2025 reporting and recordkeeping requirements, business compliance, penalties, irs, excise taxes, income taxes, estate taxes, gift taxes, employment taxes, federal taxes, appeals process, tax controversies

💼IRS Appeals Regulations for Resolving Federal Tax Controversies

This document contains final regulations that provide guidance on the resolution of Federal tax controversies by the IRS Independent Office of Appeals (Appeals) under the Taxpayer First Act of 2019 (TFA). The final regulations provide that while the Appeals resolution process is generally available to all taxpayers to resolve Federal tax controversies, there are certain exceptions to consideration by Appeals. The final regulations also address certain procedural and timing rules that must be met before Appeals consideration is available. The regulations affect taxpayers requesting Appeals consideration of Federal tax controversies.

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Compliance, Regulatory 15 Jan 2025 compliance, regulations, safety, aircraft, business operations, penalties, law enforcement, security measures, terrorism, security, alcohol and alcoholic beverages, federal buildings and facilities, arms and munitions, crime, government employees, gambling, explosives, law enforcement officers, buildings and facilities, civil disorders, tobacco, search warrants, government property, government property management, animals, federal property

🏛️Proposed Regulations for Federal Property Protection and Compliance

The Department of Homeland Security (DHS), in consultation with the U.S. General Services Administration (GSA), proposes to promulgate regulations for the protection of Federal property. Within DHS, Federal Protective Service (FPS) maintains responsibility for the protection of buildings, grounds, and property owned, occupied, or secured by the Federal government. The proposed rule would adopt and revise the language of related-GSA regulations, consistent with DHS' statutory authority, to provide charging options for violations occurring on and adjacent to Federal property, update prohibited conduct to incorporate advancing technology, provide clearer public notice, and apply the regulations uniformly to all Federal property.

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Compliance, Regulatory Changes 15 Jan 2025 compliance, inflation adjustment, penalties, credit unions, national credit union administration

📈2025 Update

The NCUA Board (Board) is amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

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Regulatory Compliance, Financial Implications 15 Jan 2025 compliance, regulation, banking, administrative practice and procedure, penalties, treasury department, exports, civil penalties, ofac, banks, inflation, foreign trade, blocking of assets

📈OFAC Adjusts Civil Monetary Penalties for Inflation, Effective 2025

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing this final rule to adjust certain civil monetary penalties for inflation pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

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Compliance, Financial Implications 14 Jan 2025 compliance, regulations, administrative practice and procedure, civil monetary penalties, inflation adjustment, penalties, claims, federal maritime commission, maritime business

📈Federal Maritime Commission Inflation Adjustment of Penalties 2025

The Federal Maritime Commission (Commission) is publishing this final rule to adjust for inflation the civil monetary penalties assessed or enforced by the Commission, pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (2015 Act). The 2015 Act requires that agencies adjust and publish their new civil penalties by January 15 each year.

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Compliance, Financial Impact 14 Jan 2025 compliance, government contracts, federal regulations, grant programs, reporting and recordkeeping requirements, civil monetary penalties, inflation adjustment, penalties, claims, fraud, loan programs, americorps, organization and functions (government agencies), lobbying

💼2025 Annual Adjustment of Civil Monetary Penalties by AmeriCorps

The Corporation for National and Community Service, which operates as AmeriCorps, is updating its regulations to reflect required annual inflation-related increases to the civil monetary penalties under the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (Act) and Office of Management and Budget (OMB) guidance.

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Compliance, Regulatory Changes 14 Jan 2025 administrative practice and procedure, reporting and recordkeeping requirements, business compliance, natural gas, civil monetary penalties, penalties, federal energy regulatory commission, inflation adjustments, energy regulations, pipelines, electric power

⚠️Civil Monetary Penalty Inflation Adjustments by Federal Energy Commission

The Federal Energy Regulatory Commission (Commission) is issuing a final rule to amend its regulations governing the maximum civil monetary penalties assessable for violations of statutes, rules, and orders within the Commission's jurisdiction. The Federal Civil Penalties Inflation Adjustment Act of 1990, as amended most recently by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, requires the Commission to issue this final rule.

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