; (II) the criteria the Bureau will use for selecting each type of guidance; (III) the process and timelines for requests for guidance; (IV) the time periods for the response of the Bureau to a request for each type of guidance; (V) a process for amending or revoking guidance issued under the rule, including a process for public notice and comment on any proposal to amend or revoke guidance, unless the Bureau determines public notice and comment is not required due to public exigency. (ii) Final rule The Bureau shall publish a final rule based on the proposed rule described in clause (i) within 18 months after the date of the enactment of this paragraph. (D) Reliance on Bureau guidance No person shall be held liable for any act done or omitted in good faith in conformity with any applicable guidance from the Bureau or any predecessor agency that was in effect at the time of such act or omission, even if such guidance is later revoked, amended, or rendered inconsistent by guidance or action by the Bureau or a determination by a court of competent jurisdiction. (E) Development of a penalty matrix Not later than 18 months after the date of the enactment of this subparagraph, the Bureau shall publish in the Federal Register and on its website a proposed rule establishing guidelines for determining the size of any civil monetary penalties issued by the Bureau based on the severity of the actionable conduct in violation of a Federal consumer financial law and the level of culpability. The regulations prescribed under this paragraph shall, to the fullest extent possible, align with any chart, matrix, rule, or guideline published by the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, or the Board of Governors of the Federal Reserve System. .