US Treasury increases maximum penalties to account for inflation

10 February 2017

US Treasury increases maximum penalties to account for inflation

The US Treasury has increased the maximum civil penalties that may be imposed under relevant OFAC sanctions regimes to account for inflation. The increases are effective from today, and are set out in full here.

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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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