Inflation Adjustment of Civil Monetary Penalties Related to Reporting and Recordkeeping
Rule published September 3, 2020 · 85 FR 54911
- Document number
- FR Doc. 2020-19237
- Type
- Rule
- Published
- September 3, 2020
- Citation
- 85 FR 54911 (pages 54,911–54,914)
- Action
- Interim final rule with request for comments.
- Effective
- October 5, 2020
- Dates
- This rule is effective October 5, 2020. Comments must be received on or before October 5, 2020.
- Docket
- Docket Number OFAC-2020-0001
- Official sources
- PDF (govinfo.gov) · federalregister.gov
Summary
The Federal Register's summaryThe Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing this interim final rule to further implement the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, by adjusting for inflation its civil monetary penalties for failure to comply with certain recordkeeping and reporting requirements, which are contained in OFAC's Economic Sanctions Enforcement Guidelines in OFAC's Reporting, Procedures and Penalties Regulations.
Regulations cited
- 31 CFR part 501 (today: Reporting, Procedures and Penalties Regulations) · Other documents citing it · eCFR as of September 3, 2020
OFAC has reused some part numbers, so today's heading can name a different regulation from the one this document concerned.
Text
The text of this document is not held yet. Read the official PDF