# 31 C.F.R. § 570.703 (2026): Penalty imposition

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P570_S570_703

## Section

- **Citation:** 31 C.F.R. § 570.703 (2026)
- **Heading:** Penalty imposition
- **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: OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY / Part 570: LIBYAN SANCTIONS REGULATIONS / Subpart G: Penalties and Findings of Violation / § 570.703: § 570.703   Penalty imposition.

## Text

If, after considering any written response to the Pre-Penalty Notice and any relevant facts, OFAC determines that there was a violation by the alleged violator named in the Pre-Penalty Notice and that a civil monetary penalty is appropriate, OFAC may issue a Penalty Notice to the violator containing a determination of the violation and the imposition of the monetary penalty. For additional details concerning issuance of a Penalty Notice, see appendix A to part 501 of this chapter. The issuance of the Penalty Notice shall constitute final agency action. The violator has the right to seek judicial review of that final agency action in federal district court.

## Nearby sections

- [31 C.F.R. § 570.701 (2026) § 570.701   Penalties.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P570_S570_701.md)
- [31 C.F.R. § 570.702 (2026) § 570.702   Pre-Penalty Notice; settlement.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P570_S570_702.md)
- [31 C.F.R. § 570.703 (2026) § 570.703   Penalty imposition.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P570_S570_703.md)
- [31 C.F.R. § 570.704 (2026) § 570.704   Administrative collection; referral to United States Department of Justice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P570_S570_704.md)
- [31 C.F.R. § 570.705 (2026) § 570.705   Findings of Violation.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P570_S570_705.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P570_S570_703. Check the current official text before relying on it. Not legal advice.