---
kind: "section"
citation: "31 C.F.R. § 579.701"
title: "31"
number: "579.701"
heading: "Penalties and Findings of Violation."
url: "https://uscodex.org/cfr/31/579.701"
---

# §579.701. Penalties and Findings of Violation.

- (a) The penalties available under section 206 of the International Emergency Economic Powers Act ([50 U.S.C. 1701-1706](/usc/50/1701-1706.md)) (IEEPA), as adjusted annually pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990 (Pub. L. 101-410, as amended, [28 U.S.C. 2461](/usc/28/2461.md) note) or, in the case of criminal violations, as adjusted pursuant to [18 U.S.C. 3571](/usc/18/3571.md), are applicable to violations of the provisions of this part.
- (b) OFAC has the authority, pursuant to IEEPA, to issue Pre-Penalty Notices, Penalty Notices, and Findings of Violation; impose monetary penalties; engage in settlement discussions and enter into settlements; refer matters to the United States Department of Justice for administrative collection; and, in appropriate circumstances, refer matters to appropriate law enforcement agencies for criminal investigation and/or prosecution. For more information, see appendix A to [part 501](/cfr/31/part501.md) of this chapter, which provides a general framework for the enforcement of all economic sanctions programs administered by OFAC, including enforcement-related definitions, types of responses to apparent violations, general factors affecting administrative actions, civil penalties for failure to comply with a requirement to furnish information or keep records, and other general civil penalties information.

## Notes

### Authority

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13848, 83 FR 46843, 3 CFR, 2018 Comp., p. 869.

### Source

Source: 84 FR 17951, Apr. 29, 2019, unless otherwise noted.