# 31 CFR § 525.701: Penalties

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-31-525.701

## Section

- **Citation:** 31 CFR § 525.701
- **Heading:** Penalties
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 31—Money and Finance: Treasury > Subtitle B—Regulations Relating to Money and Finance > CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY > PART 525—BURMA SANCTIONS REGULATIONS > Subpart G—Penalties and Findings of Violation

## Text

(a) The penalties available under section 206 of the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA) are applicable to violations of the provisions of any regulation, ruling, instruction, order, directive, or license issued by or pursuant to the direction or authorization of the Secretary of the Treasury pursuant to this part or otherwise under IEEPA.
(1) A civil penalty not to exceed the amount set forth in section 206 of IEEPA may be imposed on any person who violates, attempts to violate, conspires to violate, or causes a violation of any regulation in this part, ruling, instruction, order, directive, license, or prohibition issued under IEEPA.
(2) IEEPA provides for a maximum civil penalty not to exceed the greater of $377,700 or an amount that is twice the amount of the transaction that is the basis of the violation with respect to which the penalty is imposed.
(3) A person who willfully commits, willfully attempts to commit, willfully conspires to commit, or aids or abets in the commission of a violation of any regulation in this part, ruling, instruction, order, directive, license, or prohibition may, upon conviction, be fined not more than $1,000,000, or if a natural person, be imprisoned for not more than 20 years, or both.
(b)(1) The civil penalties provided in IEEPA are subject to adjustment pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990 (28 U.S.C. 2461 note; Pub. L. 101-410, as amended).
(2) The criminal penalties provided in IEEPA are subject to adjustment pursuant to 18 U.S.C. 3571.
(c) Pursuant to 18 U.S.C. 1001, whoever, in any matter within the jurisdiction of the executive, legislative, or judicial branch of the government of the United States, knowingly and willfully falsifies, conceals, or covers up by any trick, scheme, or device a material fact; or makes any materially false, fictitious, or fraudulent statement or representation; or makes or uses any false writing or document knowing the same to contain any materially false, fictitious, or fraudulent statement or entry shall be fined under title 18, United States Code, imprisoned, or both.
(d) Violations of this part may also be subject to other applicable laws.
[89 FR 89483, Nov. 13, 2024, as amended at 90 FR 3690, Jan. 15, 2025]

## Nearby sections

- [31 CFR § 525.101 § 525.101 Relation of this part to other laws and regulations.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.101.md)
- [31 CFR § 525.102 § 525.102 Records and reports.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.102.md)
- [31 CFR § 525.103 § 525.103 Procedures.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.103.md)
- [31 CFR § 525.104 § 525.104 Paperwork Reduction Act notice.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.104.md)
- [31 CFR § 525.106 § 525.106 Delegation of certain authorities of the Secretary of the Treasury.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.106.md)
- [31 CFR § 525.201 § 525.201 Prohibited transactions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.201.md)
- [31 CFR § 525.202 § 525.202 Prohibited transactions related to financial services to or for the benefit of Myanma Oil and Gas Enterprise (MOGE) (Directive 1).](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.202.md)
- [31 CFR § 525.203 § 525.203 Effect of transfers violating the provisions of this part.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.203.md)
- [31 CFR § 525.204 § 525.204 Holding of funds in interest-bearing accounts; investment and reinvestment.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.204.md)
- [31 CFR § 525.205 § 525.205 Expenses of maintaining blocked tangible property; liquidation of blocked property.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.205.md)
- [31 CFR § 525.206 § 525.206 Evasions; attempts; causing violations; conspiracies.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.206.md)
- [31 CFR § 525.207 § 525.207 Exempt transactions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.207.md)
- [31 CFR § 525.300 § 525.300 Applicability of definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.300.md)
- [31 CFR § 525.301 § 525.301 Blocked account; blocked property.](https://www.frixlaw.com/law-library/statutes/ecfr-31-525.301.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-31-525.701. Check the current official text before relying on it. Not legal advice.