# 31 CFR § 596.701: Penalties

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-31-596.701

## Section

- **Citation:** 31 CFR § 596.701
- **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 596—TERRORISM LIST GOVERNMENTS SANCTIONS REGULATIONS > Subpart G—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 CFR § 596.101 § 596.101 Relation of this part to other laws and regulations.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.101.md)
- [31 CFR § 596.201 § 596.201 Prohibited financial transactions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.201.md)
- [31 CFR § 596.202 § 596.202 Evasions; attempts; conspiracies.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.202.md)
- [31 CFR § 596.301 § 596.301 Donation.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.301.md)
- [31 CFR § 596.302 § 596.302 Effective date.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.302.md)
- [31 CFR § 596.303 § 596.303 Financial institution.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.303.md)
- [31 CFR § 596.304 § 596.304 Financial transaction.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.304.md)
- [31 CFR § 596.305 § 596.305 General license.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.305.md)
- [31 CFR § 596.306 § 596.306 License.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.306.md)
- [31 CFR § 596.307 § 596.307 Monetary instruments.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.307.md)
- [31 CFR § 596.308 § 596.308 Person; entity.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.308.md)
- [31 CFR § 596.309 § 596.309 Specific license.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.309.md)
- [31 CFR § 596.310 § 596.310 Terrorism List Government.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.310.md)
- [31 CFR § 596.311 § 596.311 Transaction.](https://www.frixlaw.com/law-library/statutes/ecfr-31-596.311.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-31-596.701. Check the current official text before relying on it. Not legal advice.