Text
Title 31: Money and Finance: Treasury
Subtitle B: Regulations Relating to Money and Finance
PART 128: REPORTING OF INTERNATIONAL CAPITAL AND FOREIGN-CURRENCY TRANSACTIONS AND POSITIONS
Subpart A: General Information
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.
Sponsored links
