Regulatory Compliance, Financial Impact
10 Jan 2025
compliance, inflation adjustment, treasury department, banking regulations, civil money penalties
💰Inflation Adjustments for Civil Money Penalties Effective 2025
This document announces changes to the Office of the Comptroller of the Currency's (OCC) maximum civil money penalties as adjusted for inflation. The inflation adjustments are required to implement 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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Regulatory Notice
7 Jan 2025
information collection, irs, treasury department, gift tax, tax return
📄IRS Notice on Information Collection Activities and Public Comments
The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests.
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