31 CFR 128.4 - Penalties.

Regulations last checked for updates: May 17, 2024

Title 31 - Money and Finance: Treasury last revised: May 10, 2024

View all text of Subpart A [§ 128.1 - § 128.5]

§ 128.4 - Penalties.

(a) Whoever fails to file a report required by subpart B of this part shall be subject to a civil penalty of not less than $2,500 and not more than $25,000

(b) Whoever willfully fails to file a report required by subpart B of this part may be criminally prosecuted and upon conviction fined not more than $10,000 and, if an individual (including any officer, director, employee, or agent of any corporation who knowingly participates in such violation), may be imprisoned for not more than one year, or both.

(c) Whoever fails to file a report required by subpart C of this part shall be subject to a civil penalty of not more than $10,000.

authority: 22 U.S.C. 286f and 3101

source: 58 FR 58495, Nov. 2, 1993, unless otherwise noted.

cite as: 31 CFR 128.4