Commerce Increases Max Penalty Amounts for Export Violations
The Commerce Department is adjusting its civil monetary penalties for inflation for 2023, the agency said in a notice. The change increases maximum civil monetary penalties for violations of the Export Controls Act of 2018 from $328,121 to $353,534, Commerce…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
said. The rule is effective Jan. 15.