Statutes, codes, and regulations
Code of Federal Regulations
Title 31 - MONEY AND FINANCE: TREASURYSubtitle B - REGULATIONS RELATING TO MONEY AND FINANCEChapter V - OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURYPart 501 - REPORTING, PROCEDURES AND PENALTIES REGULATIONS
Subpart D - TRADING WITH THE ENEMY ACT (TWEA) PENALTIES
Section 501.708 - Director's finding of no penalty warranted

31 C.F.R. § 501.708

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Current through October 31, 2024
Section 501.708 - Director's finding of no penalty warranted

If after considering any written response to the Prepenalty Notice submitted pursuant to § 501.707 and any other relevant facts, the Director determines that there was no violation or that the violation does not warrant the imposition of a civil monetary penalty, the Director promptly shall notify the respondent in writing of that determination and that no civil monetary penalty pursuant to this subpart will be imposed.

31 C.F.R. §501.708