OFAC adjusts maximum civil monetary penalties for inflation

12 January 2024

OFAC adjusts maximum civil monetary penalties for inflation

OFAC has issued a final rule to adjust for inflation the maximum amount of the civil monetary penalties that may be assessed under relevant OFAC regulations. Tables setting out the updated maximum penalty amounts...

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...

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