Penalties.

CFR · 2024-01-01 · US · Title 15

(a) Maximum penalties. (1) (2) (3) The Secretary may impose a civil penalty of not more than the maximum statutory penalty amount, which, when adjusted for inflation, is $307,922, or twice the amount of the transaction that is the basis of the violation, per violation on any person who violates any final determination, direction, or mitigation agreement issued pursuant to this part under IEEPA. (i) Notice of the penalty, including a written explanation of the penalized conduct specifying the laws and regulations allegedly violated and the (ii) The Secretary shall review any presentation and issue a final administrative decision within 30 days of receipt of the petition. (4) Any civil penalties authorized in this section may be recovered in a civil action brought by the United States in U.S. district court. (b) Adjustments to penalty amounts. (1) The civil penalties provided in IEEPA are subject to adjustment pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990 (Pub. L. 101-410, as amended, 28 U.S.C. 2461 note). (2) The criminal penalties provided in IEEPA are subject to adjustment pursuant to 18 U.S.C. 3571. (c) The penalties available under this section are without prejudice to other penalties, civil or criminal, available under law. Attention is directed to 18 U.S.C. 1001, which provides that whoever, in any matter within the jurisdiction of any department or agency in the United States, knowingly and willfully falsifies, conceals, or covers up by any tr

official document · source cfr-2024 · id 15:§ 7.200