# 31 C.F.R. § 598.702 (2026): Prepenalty notice

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P598_S598_702

## Section

- **Citation:** 31 C.F.R. § 598.702 (2026)
- **Heading:** Prepenalty notice
- **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 598: FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS / Subpart G: Penalties / § 598.702: § 598.702   Prepenalty notice.

## Text

(a)
When required.
If the Director of the Office of Foreign Assets Control has reasonable cause to believe that there has occurred a violation of any provision of this part or a violation of the provisions of any license, ruling, regulation, order, direction, or instruction issued by or pursuant to the direction or authorization of the Secretary of the Treasury pursuant to this part or otherwise under the Foreign Narcotics Kingpin Designation Act, and the Director determines that further proceedings are warranted, the Director shall issue to the person concerned a notice of intent to impose a monetary penalty. This prepenalty notice shall be issued whether or not another agency has taken any action with respect to this matter.
(b)
Contents
—(1)
Facts of violation.
The prepenalty notice shall describe the violation, specify the laws and regulations allegedly violated, and state the amount of the proposed monetary penalty.
(2)
Right to respond.
The prepenalty notice also shall inform the respondent of respondent's right to make a written presentation within 30 days of the date of mailing of the notice as to why a monetary penalty should not be imposed or why, if imposed, the monetary penalty should be in a lesser amount than proposed.

## Nearby sections

- [31 C.F.R. § 598.701 (2026) § 598.701   Penalties.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P598_S598_701.md)
- [31 C.F.R. § 598.702 (2026) § 598.702   Prepenalty notice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P598_S598_702.md)
- [31 C.F.R. § 598.703 (2026) § 598.703   Response to prepenalty notice; informal settlement.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P598_S598_703.md)
- [31 C.F.R. § 598.704 (2026) § 598.704   Penalty imposition or withdrawal.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P598_S598_704.md)
- [31 C.F.R. § 598.705 (2026) § 598.705   Administrative collection; referral to United States Department of Justice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P598_S598_705.md)
- [31 C.F.R. § 598.706 (2026) § 598.706   Judicial review of civil penalty.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P598_S598_706.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P598_S598_702. Check the current official text before relying on it. Not legal advice.