International Trade Today is a service of Warren Communications News.

OFAC Adjusts Penalties for Inflation

The Treasury’s Office of Foreign Assets Control is adjusting its civil monetary penalties for inflation, the agency said in a notice. The notice includes a table detailing the existing and new maximum penalty amounts.

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

(Federal Register 04/09/20)