Liverpool's head coach Arne Slot faces a two-match touchline suspension and a £70,000 fine following his conduct during the Merseyside derby.
The incident occurred after Everton's James Tarkowski scored a late equaliser in the 2-2 draw at Goodison Park on February 12, leading to tumultuous events.
Match official Michael Oliver dismissed Slot and his assistant Sipke Hulshoff, alongside Liverpool's Curtis Jones and Everton's Abdoulaye Doucoure.
The Football Association released a statement on Wednesday detailing sanctions against Everton, Liverpool, Slot and Hulshoff by an independent regulatory commission.
"It was alleged that the Liverpool head coach acted in an improper manner and/or used insulting and/or abusive words and/or behaviour towards both the match referee and an assistant referee after the match had finished," the statement read.
The commission imposed fines of £65,000 on Everton and £50,000 on Liverpool.
Slot and Hulshoff received their dismissals after confronting Oliver post-match. At a subsequent press conference, Slot acknowledged his emotional lapse in judgement.
"I should have acted differently after the game, but it's an emotional sport and sometimes individuals make wrong decisions and that's definitely what I did," the Dutchman stated.
The altercation between Jones and Doucoure erupted when the latter celebrated before Liverpool supporters, prompting Jones's intervention and a mass confrontation.
Slot's suspension applies to Wednesday's Newcastle fixture and the Southampton home match on March 8.
The ban excludes European competitions, allowing Slot to direct from the technical area during Liverpool's PSG away match on March 5 and the League Cup final against Newcastle at Wembley on March 16.
Liverpool currently lead the Premier League by 11 points ahead of Arsenal and are favourites to secure their 20th top-flight championship.
