---
title: Sanctions Penalties Tick Up Again
date: 2018-03-20T10:28:13-04:00
author: Import Bot
canonical_url: "https://www.kelleydrye.com/viewpoints/blogs/trade-and-manufacturing-monitor/sanctions-penalties-tick-up-again"
section: Blog Posts
---
# Sanctions Penalties Tick Up Again

 March 20, 2018

 

 

 

 

 

 

Penalties for violations of sanctions rules administered by the Office of Foreign Assets Control (OFAC) [ticked up again](https://www.federalregister.gov/documents/2018/03/19/2018-05550/inflation-adjustment-of-civil-monetary-penalties) yesterday. Most violations of OFAC’s rules now face statutory penalties of $295,141 or twice the value of the underlying transaction. Penalties for violations of OFAC’s narcotics trafficking regulations are now set at $1,466,485, with penalties for violations of other OFAC regulations ranging from $13,333 to $86,976.

The penalty adjustments are tied to inflation and are mandated under the Federal Civil Penalties inflation Adjustment Act of 1990, as amended.

 

 

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