BIS, Commerce Department, & Department of State Adjust Civil Penalties
Bureau of Industry and Security (BIS), Commerce Department, and Department of State have adjusted their civil monetary penalties to account for inflation. Below is a summary of the increases. EAR Civil Violations Maximum civil monetary penalties for violations of the Export Controls Act of 2018 from $353,534 to $364,992. Effective January 15, 2024. AES Filings 13 U.S.C.…
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