31 CFR § 547.703 - Penalty imposition.

---
identifier: "/us/cfr/t31/s547.703"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 547.703 - Penalty imposition."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "547.703"
section_name: "Penalty imposition."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "547"
part_name: "DEMOCRATIC REPUBLIC OF THE CONGO 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  22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13413, 71 FR 64105, 3 CFR, 2006 Comp., p. 247; E.O. 13671, 79 FR 39949, 3 CFR, 2015 Comp., p. 280."
regulatory_source: "74 FR 25441, May 28, 2009, unless otherwise noted."
cfr_part: "547"
---


# 547.703 Penalty imposition.

If, after considering any written response to the Pre-Penalty Notice and any relevant facts, OFAC determines that there was a violation by the alleged violator named in the Pre-Penalty Notice and that a civil monetary penalty is appropriate, OFAC may issue a Penalty Notice to the violator containing a determination of the violation and the imposition of the monetary penalty. For additional details concerning issuance of a Penalty Notice, see appendix A to part 501 of this chapter. The issuance of the Penalty Notice shall constitute final agency action. The violator has the right to seek judicial review of that final agency action in federal district court.