# 31 C.F.R. § 596.701 (2026): Penalties

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P596_S596_701

## Section

- **Citation:** 31 C.F.R. § 596.701 (2026)
- **Heading:** Penalties
- **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 596: TERRORISM LIST GOVERNMENTS SANCTIONS REGULATIONS / Subpart G: Penalties / § 596.701: § 596.701   Penalties.

## Text

Attention is directed to 18 U.S.C. 2332d, as added by Public Law 104-132, section 321, which provides that, except as provided in regulations issued by the Secretary of the Treasury, in consultation with the Secretary of State, a United States person, knowing or having reasonable cause to know that a country is designated under section 6(j) of the Export Administration Act, 50 U.S.C. App. 2405, as a country supporting international terrorism, engages in a financial transaction with the government of that country, shall be fined under title 18, United States Code, or imprisoned for not more than 10 years, or both.

## Nearby sections

- [31 C.F.R. § 596.701 (2026) § 596.701   Penalties.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P596_S596_701.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P596_S596_701. Check the current official text before relying on it. Not legal advice.