Civil money penalties.

CFR · 2024-01-01 · US · Title 12

(a) (2) (ii) (iii) (A) Knowingly— ( ( ( (B) Knowingly or recklessly causes a substantial loss to the regulated entity or a substantial pecuniary gain or other benefit to such party by reason of such violation, practice, or breach. (b) (2) (c) (1) The gravity of the violation, practice, or breach; (2) Any history of prior violations or supervisory actions, or any attempts at concealment; (3) The effect of the penalty on the safety and soundness of the regulated entity or the Office of Finance; (4) Any loss or risk of loss to the regulated entity or to the Office of Finance; (5) Any benefits received or derived, whether directly or indirectly, by the respondent(s); (6) Any injury to the public; (7) Any deterrent effect on future violations, practices, or breaches; (8) The financial capacity of the respondent(s), or any unusual circumstance(s) of hardship upon an executive officer, director, or other individual; (9) The promptness, cost, and effectiveness of any effort to remedy or ameliorate the consequences of the violation, practice, or breach; (10) The candor and cooperation, if any, of the respondent(s); and (11) Any other factors the Director may determine by regulation to be appropriate. (d)

official document · source cfr-2024 · id 12:§ 1209.7