By Maya Lester KC & Michael O’Kane

OFAC adjusts maximum civil monetary penalties for inflation

OFAC has issued a Final Rule adjusting its maximum civil monetary penalty amounts for inflation pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. Penalty amounts are amended periodically to ensure that they maintain their deterrent effect. Tables setting out the updated maximum penalty …

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About Maya Lester KC

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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...

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