Finanse publiczne · 12/04/2021

Adjustment of Applicable Schedule Amount

The US Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing a final rule to update the definition of 'applicable schedule amount' in its regulations, ensuring the values align with its civil monetary penalties. This change is part of OFAC's efforts to adjust its CMPs in line with the Federal Civil Penalties Inflation Adjustment Act, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.