# 31 C.F.R. § 501.708 (2026): Director's finding of no penalty warranted

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_708

## Section

- **Citation:** 31 C.F.R. § 501.708 (2026)
- **Heading:** Director's finding of no penalty warranted
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 31 CFR: Money and Finance: Treasury / Chapter V / Part 501 / Subpart D / § 501.708: § 501.708   Director's finding of no penalty warranted.

## Text

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.

## Nearby sections

- [31 C.F.R. § 501.700 (2026) § 501.700   Applicability.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_700.md)
- [31 C.F.R. § 501.701 (2026) § 501.701   Penalties.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_701.md)
- [31 C.F.R. § 501.702 (2026) § 501.702   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_702.md)
- [31 C.F.R. § 501.703 (2026) § 501.703   Overview of civil penalty process and construction of rules.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_703.md)
- [31 C.F.R. § 501.704 (2026) § 501.704   Appearance and practice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_704.md)
- [31 C.F.R. § 501.705 (2026) § 501.705   Service and filing.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_705.md)
- [31 C.F.R. § 501.706 (2026) § 501.706   Prepenalty Notice; issuance by Director.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_706.md)
- [31 C.F.R. § 501.707 (2026) § 501.707   Response to Prepenalty Notice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_707.md)
- [31 C.F.R. § 501.708 (2026) § 501.708   Director's finding of no penalty warranted.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_708.md)
- [31 C.F.R. § 501.709 (2026) § 501.709   Penalty notice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_709.md)
- [31 C.F.R. § 501.710 (2026) § 501.710   Settlement.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_710.md)
- [31 C.F.R. § 501.711 (2026) § 501.711   Hearing request.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_711.md)
- [31 C.F.R. § 501.712 (2026) § 501.712   Acknowledgment of hearing request.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_712.md)
- [31 C.F.R. § 501.713 (2026) § 501.713   Order Instituting Proceedings.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_713.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P501_S501_708. Check the current official text before relying on it. Not legal advice.