The State Department is adjusting its civil monetary penalties for inflation, the agency said in a notice released Jan. 4. The new amounts, which include revised maximum penalties for violations of the International Traffic in Arms Regulations and the Arms Export Control Act, will apply only to penalties assessed on or after Jan. 5, the agency said.
The State Department’s recently published fall 2023 regulatory agenda mentions rules that will update defense export controls and make other changes and clarifications to the International Traffic in Arms Regulations.