# Inflation Adjustment of Civil Monetary Penalties Related to Reporting and Recordkeeping
> **OFAC** · Interim final rule with request for comments. · Published 2020-09-03 · Effective 2020-10-05 · 85 FR 54911
## Document
- **Document number:** 2020-19237
- **Category:** sanctions-ofac
- **Sub-agency:** OFAC
- **Federal Register citation:** 85 FR 54911
- **CFR reference:** 31 CFR 501
- **Publication date:** 2020-09-03
- **Effective date:** 2020-10-05
- **Treasury docket:** Docket Number OFAC-2020-0001
## Abstract

The 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.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/09/03/2020-19237/inflation-adjustment-of-civil-monetary-penalties-related-to-reporting-and-recordkeeping)
---
*AI Analytics · CC0 1.0*