On June 30, 2016, FinCEN released 31 CFR Part 1010, Civil Monetary Penalty Adjustment and Table. This release amends Bank Secrecy Act regulations to adjust the maximum/minimum amount range of certain civil monetary penalties to account for inflation. This increase implements requirements of the Federal Civil Penalties Inflation Adjustments Act of 1990 (FCPIA Act), as further amended by the Federal Civil Penalities Inflation Adjustment Act Improvements Act of 2015 (the “2015 Act”). The FCPIA Act requires each federal agency to annually adjust its civil monetary penalties within its jurisdiction for inflation. Each monetary penalty will be calculated based on the Consumer Price Index for all Urban Consumers. Additionally, the FCPIA Act now requires agencies to adjust the level of civil monetary penalties with an initial “catch-up” adjustment through an interim final rulemaking.