U.S. State Department Increases Maximum Civil Penalty Amounts

U.S. State Department Increases Maximum Civil Penalty Amounts

As of January 3, 2018, the maximum civil penalty amounts that may be assessed by the U.S. State Department for violations of certain laws and regulations have been adjusted upwards for inflation per the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended. What does this mean for U.S. companies? Briefly, violations of the Arms Export […]