7/13/21
Penalties: Civil, updated Jan. 28, 2021
USC Code Citation
Civil Monetary Penalty Description
Penalties as last amended by statute
Max. penalty amounts or range of min. and max. penalty amounts for penalties assessed on or after 1/28/21
31 U.S.C. § 5321(a)(6)(A)
Negligent Violation by Financial Institution or Non-Financial Trade or Business Pattern of Negligent Activity by Financial
$500
$1,180
31 U.S.C. § 5321(a)(6)(B)
$50,000
$91,816
Institution or Non- Financial Trade or Business
31 U.S.C. § 5321(a)(7) Violation of Certain Due Diligence Requirements, Prohibition on Correspondent Accounts
$1,000,000 $1,465,309
for Shell Banks and Special Measures
61
PENALTIES: CRIMINAL
Upon conviction of any violation in this chapter: • Fined for no more than $1,000 • Imprisoned for no more than 1 year
Any person who willfully violates this chapter: • Fined no more than $250,000 • Imprisoned for no more than 5 years • Or both
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