31 CFR § 536.704 - Penalty notice.

---
identifier: "/us/cfr/t31/s536.704"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 536.704 - Penalty notice."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "536.704"
section_name: "Penalty notice."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "536"
part_name: "NARCOTICS TRAFFICKING SANCTIONS REGULATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601  1701  Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12978, 60 FR 54579, 3 CFR, 1995 Comp., p. 415; E.O. 13286, 68 FR 10619, 3 CFR, 2003 Comp., p. 166."
regulatory_source: "62 FR 9960, Mar. 5, 1997, unless otherwise noted."
cfr_part: "536"
---


# 536.704 Penalty notice.

(a) *No violation.* If, after considering any written response to the prepenalty notice and any relevant facts, the Director of the Office of Foreign Assets Control determines that there was no violation by the respondent named in the prepenalty notice, the Director promptly shall notify the respondent in writing of that determination and that no monetary penalty will be imposed.

(b) *Violation.* If, after considering any written response to the prepenalty notice and any relevant facts, the Director of the Office of Foreign Assets Control determines that there was a violation by the respondent named in the prepenalty notice, the Director promptly shall issue a written notice of the imposition of the monetary penalty or other available disposition on the respondent.