31 CFR § 128.4 - Penalties.

---
identifier: "/us/cfr/t31/s128.4"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 128.4 - Penalties."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "128.4"
section_name: "Penalties."
chapter_name: "MONETARY OFFICES, DEPARTMENT OF THE TREASURY"
part_number: "128"
part_name: "REPORTING OF INTERNATIONAL CAPITAL AND FOREIGN-CURRENCY TRANSACTIONS AND POSITIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "22 U.S.C. 286f and 3101  31 U.S.C. 5315 and 5321."
regulatory_source: "58 FR 58495, Nov. 2, 1993, unless otherwise noted."
cfr_part: "128"
---


# 128.4 Penalties.

(a) Whoever fails to file a report required by subpart B of this part shall be subject to a civil penalty of not less than $2,500 and not more than $25,000

(b) Whoever willfully fails to file a report required by subpart B of this part may be criminally prosecuted and upon conviction fined not more than $10,000 and, if an individual (including any officer, director, employee, or agent of any corporation who knowingly participates in such violation), may be imprisoned for not more than one year, or both.

(c) Whoever fails to file a report required by subpart C of this part shall be subject to a civil penalty of not more than $10,000.