Economic Sanctions and Embargoes

Penalties

The costs of non-compliance with U.S. economic sanctions and embargoes requirements are high:

  • Fines (depending upon the sanctions program, amount of up to $250,000 for individuals and up to $1 million for companies plus possible additional civil penalties).
  • Prison sentences of up to 20 years.
  • Termination of employment or other disciplinary measures.
  • Reputational damage and negative publicity.
  • Debarment (affecting federal contract eligibility), nullification of contracts, revocation of import/export licenses, and loss of product registration.

Previous     <<<< >>>>     Next