12 CFR § 263.62 Rules of Practice for Hearings

§ 263.62 Relevant considerations for assessment of civil penalty.

Current through Oct 1, 2026 · Read all of Part 263

⚠ 1 pending change to Part 263

In determining the amount of the penalty to be assessed, the Board shall take into account the appropriateness of the penalty with respect to the financial resources and good faith of the person charged, the gravity of the misconduct, the history of previous misconduct, the economic benefit derived by the person from the misconduct, and such other matters as justice may require.

← § 263.61 Opportunity for informal proceeding.§ 263.63 Assessment order. →