Financial Crimes Enforcement Network; Inflation Adjustment of Civil Monetary Penalties, 3433-3435 [2022-01284]
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Federal Register / Vol. 87, No. 15 / Monday, January 24, 2022 / Rules and Regulations
jspears on DSK121TN23PROD with RULES1
determined, in consultation with
interagency partners, that land POEs
along the United States-Canada border
will continue to suspend normal
operations and will allow processing for
entry into the United States of only
those noncitizen non-LPRs who are
‘‘fully vaccinated against COVID–19’’
and can provide ‘‘proof of being fully
vaccinated against COVID–19’’ upon
request, as those terms are defined
under the Presidential Proclamation and
CDC Order. This action does not apply
to U.S. citizens, U.S. nationals, lawful
permanent residents of the United
States, or American Indians who have a
right by statute to pass the borders of,
or enter into, the United States. In
addition, I hereby authorize exceptions
to these restrictions for the following
categories of noncitizen non-LPRs: 32
• Certain categories of persons on
diplomatic or official foreign
government travel as specified in the
CDC Order;
• persons under 18 years of age;
• certain participants in certain
COVID–19 vaccine trials as specified in
the CDC Order;
• persons with medical
contraindications to receiving a COVID–
19 vaccine as specified in the CDC
Order;
• persons issued a humanitarian or
emergency exception by the Secretary of
Homeland Security;
• persons with valid nonimmigrant
visas (excluding B–1 [business] or B–2
[tourism] visas) who are citizens of a
country with limited COVID–19 vaccine
availability, as specified in the CDC
Order;
• members of the U.S. Armed Forces
or their spouses or children (under 18
years of age) as specified in the CDC
Order; and,
• persons whose entry would be in
the U.S. national interest, as determined
by the Secretary of Homeland Security.
In administering such exceptions,
DHS will not require the Covered
Individual Attestation currently in use
by CDC for noncitizens who are
nonimmigrants seeking to enter the
Customs and Border Protection, when necessary to
respond to a specific threat to human life or
national interests, is authorized to close temporarily
any Customs office or port of entry or take any other
lesser action that may be necessary to respond to
the specific threat.’’ Congress has vested in the
Secretary of Homeland Security the ‘‘functions of
all officers, employees, and organizational units of
the Department,’’ including the Commissioner of
CBP. 6 U.S.C. 112(a)(3).
32 The exceptions to this temporary restriction are
generally aligned with those outlined in the
Presidential Proclamation and further described in
the CDC Order, with modifications to account for
the unique nature of land border operations where
advance passenger information is largely not
available.
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United States by air travel, or similar
form, but DHS may, in its discretion,
require any person invoking an
exception to provide proof of eligibility
consistent with documentation
requirements in CDC’s Technical
Instructions.33
This Notification does not apply to air
or sea travel between the United States
and Canada. This Notification does
apply to passenger/freight rail,
passenger ferry travel, and pleasure boat
travel between the United States and
Canada. These restrictions are
temporary in nature and shall remain in
effect until the date indicated on this
Notification, unless modified or
rescinded at any point prior to that date,
including to conform these restrictions
to any intervening changes in the
Presidential Proclamation and
implementing CDC orders. In
conjunction with interagency partners, I
will closely monitor the effect of the
requirements discussed herein,
especially as they relate to any potential
impacts on the supply chain and will,
as needed and warranted, exercise my
authority in support of the U.S. national
interest.
I intend for this Notification and the
restrictions discussed herein to be given
effect to the fullest extent allowed by
law; in the event that a court of
competent jurisdiction stays, enjoins, or
sets aside any aspect of this action, on
its face or with respect to any person,
entity, or class thereof, any portion of
this action not determined by the court
to be invalid or unenforceable should
otherwise remain in effect for the
duration stated above.
This action is not a rule subject to
notice and comment under the
Administrative Procedure Act (APA). It
is exempt from notice and comment
requirements because it concerns
ongoing discussions with Canada and
Mexico on how best to control COVID–
19 transmission over our shared borders
and therefore directly ‘‘involve[s] . . . a
. . . foreign affairs function of the
United States.’’ Even if this action were
subject to notice and comment, there is
good cause to dispense with prior
public notice and the opportunity to
comment. Given the public health
emergency caused by COVID–19,
including the rapidly evolving
circumstances associated with elevated
rates of infection due to the Omicron
variant, it would be impracticable and
contrary to the public health, and the
33 CDC, Technical Instructions for Implementing
Presidential Proclamation Advancing the Safe
Resumption of Global Travel During the COVID–19
Pandemic and CDC’s Order, https://www.cdc.gov/
quarantine/order-safe-travel/technicalinstructions.html (last reviewed Nov. 30, 2021).
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3433
public interest, to delay the issuance
and effective date of this action.
The CBP Commissioner is hereby
directed to prepare and distribute
appropriate guidance to CBP personnel
on the implementation of the temporary
measures set forth in this Notification.
Further, the CBP Commissioner may, on
an individualized basis and for
humanitarian or emergency reasons or
for other purposes in the national
interest, permit the processing of
travelers to the United States who
would otherwise be subject to the
restrictions announced in this
Notification.
Alejandro N. Mayorkas,
Secretary, U.S. Department of Homeland
Security.
[FR Doc. 2022–01402 Filed 1–21–22; 8:45 am]
BILLING CODE 9112–FP–P
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
31 CFR Part 1010
Financial Crimes Enforcement
Network; Inflation Adjustment of Civil
Monetary Penalties
Financial Crimes Enforcement
Network (FinCEN), Treasury.
ACTION: Final rule.
AGENCY:
FinCEN is publishing this
final rule to reflect inflation adjustments
to its civil monetary penalties as
mandated by the Federal Civil Penalties
Inflation Adjustment Act of 1990, as
amended. This rule adjusts certain
maximum civil monetary penalties
within the jurisdiction of FinCEN to the
amounts required by that Act.
DATES: Effective January 24, 2022.
FOR FURTHER INFORMATION CONTACT: The
FinCEN Regulatory Support Section at
1–800–767–2825, or electronically at
frc@fincen.gov.
SUPPLEMENTARY INFORMATION:
SUMMARY:
I. Background
In order to improve the effectiveness
of civil monetary penalties (CMPs) and
to maintain their deterrent effect, the
Federal Civil Penalties Inflation
Adjustment Act of 1990, as amended in
2015 by section 701 of Public Law 114–
74, codified at 28 U.S.C. 2461 note (the
Act), requires Federal agencies to adjust
for inflation each CMP provided by law
within the jurisdiction of the agency.
The Act requires agencies to adjust the
level of CMPs with an initial ‘‘catch-up’’
adjustment through an interim final
rulemaking. After the initial ‘‘catch-up’’
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3434
Federal Register / Vol. 87, No. 15 / Monday, January 24, 2022 / Rules and Regulations
adjustment, agencies are required to
adjust CMPs annually and to make the
adjustments notwithstanding 5 U.S.C.
553, which requires notice-andcomment rulemaking for certain agency
actions. The Act provides that any
increase in a CMP shall apply to CMPs
that are assessed after the date the
increase takes effect, regardless of
whether the underlying violation
predated such increase.1
II. Method of Calculation
The method of calculating CMP
adjustments applied in this final rule is
required by the Act. Under the Act and
Office of Management and Budget
(OMB) guidance, annual inflation
adjustments subsequent to the initial
catch-up adjustment are to be based on
the percent change between the
Consumer Price Index for all Urban
Consumers (CPI–U) for the October
preceding the date of the adjustment
and the prior year’s October CPI–U. As
set forth in OMB Memorandum M–22–
07 of December 15, 2021, the adjustment
multiplier for 2022 is 1.06222. In order
to complete the 2022 annual
adjustment, each current CMP (all of
which were themselves last adjusted in
2021) is multiplied by the 2022
adjustment multiplier. Under the Act,
any increase in CMP must be rounded
to the nearest multiple of $1.2
Procedural Matters
1. Administrative Procedure Act
Section 4(b) of the Act requires
agencies, beginning in 2017, to make
annual adjustments for inflation to
CMPs notwithstanding the notice and
comment requirements of 5 U.S.C. 553.
Additionally, the methodology used for
adjusting CMPs for inflation, effective
2017, is provided by statute, with no
discretion provided to agencies
regarding the substance of the
adjustments for inflation to CMPs.
Accordingly, prior public notice and an
opportunity for public comment and a
delayed effective date are not required
for this rule.
2. Regulatory Flexibility Act
Because no notice of proposed
rulemaking is required, the provisions
of the Regulatory Flexibility Act (5
U.S.C. 601 et seq.) do not apply.
3. Executive Order 12866.
This rule is not a significant
regulatory action as defined in section
3(f) of Executive Order 12866.
4. Paperwork Reduction Act
The provisions of the Paperwork
Reduction Act of 1995, Pub. L. 104–13,
44 U.S.C. Chapter 35, and its
implementing regulations, 5 CFR part
1320, do not apply to this rule because
there are no new or revised
recordkeeping or reporting
requirements.
List of Subjects in 31 CFR Part 1010
Authority delegations (Government
agencies), Administrative practice and
procedure, Banks, banking, Brokers,
Currency, Foreign banking, Foreign
currencies, Gambling, Investigations,
Penalties, Reporting and recordkeeping
requirements, Securities, Terrorism.
Authority and Issuance
For the reasons set forth in the
preamble, part 1010 of chapter X of title
31 of the Code of Federal Regulations is
amended as follows:
PART 1010—GENERAL PROVISIONS
1. The authority citation for part 1010
is revised to read as follows:
■
Authority: 12 U.S.C. 1829b and 1951–
1959; 31 U.S.C. 5311–5314 and 5316–5336;
title III, sec. 314, Pub. L. 107–56, 115 Stat.
307; sec. 2006, Pub. L. 114–41, 129 Stat. 458–
459; sec. 701, Pub. L. 114–74, 129 Stat. 599.
2. Amend § 1010.821 by revising
Table 1 of paragraph (b) to read as
follows:
■
§ 1010.821
*
Penalty adjustment and table.
*
*
(b) * * *
*
*
TABLE 1 OF § 1010.821—PENALTY ADJUSTMENT TABLE
Civil monetary penalty description
12 U.S.C. 1829b(j) ................................................
Relating to Recordkeeping Violations For Funds
Transfers.
Willful or Grossly Negligent Recordkeeping Violations.
Failure to Terminate Correspondent Relationship
with Foreign Bank.
General Civil Penalty Provision for Willful Violations of Bank Secrecy Act Requirements.
Foreign Financial Agency Transaction—NonWillful Violation of Transaction.
Foreign Financial Agency Transaction—Willful
Violation of Transaction.
Negligent Violation by Financial Institution or
Non-Financial Trade or Business.
Pattern of Negligent Activity by Financial Institution or Non-Financial Trade or Business.
Violation of Certain Due Diligence Requirements,
Prohibition on Correspondent Accounts for
Shell Banks, and Special Measures.
12 U.S.C. 1955 .....................................................
31 U.S.C. 5318(k)(3)(C) ........................................
31 U.S.C. 5321(a)(1) ............................................
31 U.S.C. ..............................................................
5321(a)(5)(B)(i) .....................................................
31 U.S.C. ..............................................................
5321(a)(5)(C)(i)(I) ..................................................
31 U.S.C. ..............................................................
5321(a)(6)(A) .........................................................
31 U.S.C. ..............................................................
5321(a)(6)(B) .........................................................
31 U.S.C. 5321(a)(7) ............................................
jspears on DSK121TN23PROD with RULES1
Penalties as
last amended by
statute
U.S. Code citation
1 The increased CMPs, however, apply only with
respect to underlying violations occurring after
November 2, 2015 the date of enactment of the most
recent amendment to the Act.
2 FinCEN has previously described that it applied
a catch-up adjustment for each penalty subject to
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the Act, based on the year and corresponding
amount(s) for which the maximum penalty or range
of minimum and maximum penalties was
established or last adjusted, whichever is later. See
Civil Monetary Penalty Adjustment and Table, 81
FR 42503, 42504 (June 30, 2016). Because the year
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Maximum penalty
amounts or range
of minimum and
maximum penalty
amounts for
penalties
assessed on or
after 1/24/2022
$10,000
$23,011
10,000
23,011
10,000
15,565
25,000–100,000
62,689–250,759
10,000
14,489
100,000
144,886
500
1,253
50,000
97,529
1,000,000
1,556,481
varies for different penalties, penalties that were
originally of the same size when promulgated can
have different values today pursuant to the
application of the Act.
E:\FR\FM\24JAR1.SGM
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Federal Register / Vol. 87, No. 15 / Monday, January 24, 2022 / Rules and Regulations
3435
TABLE 1 OF § 1010.821—PENALTY ADJUSTMENT TABLE—Continued
U.S. Code citation
31 U.S.C. 5330(e) .................................................
Himamauli Das,
Acting Director, Financial Crimes
Enforcement Network.
[FR Doc. 2022–01284 Filed 1–21–22; 8:45 am]
BILLING CODE 4810–02–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 52
[EPA–R10–OAR–2021–0750, FRL–9189–02–
R10]
Air Plan Approval; Washington;
Update to the Yakima Regional Clean
Air Agency Wood Heater and Burn Ban
Regulations
Environmental Protection
Agency (EPA).
ACTION: Final rule.
AGENCY:
The Environmental Protection
Agency (EPA) is approving revisions to
the Yakima Regional Clean Air Agency
(YRCAA) regulations designed to
control particulate matter from
residential wood heaters, such as
woodstoves and fireplaces. The updated
YRCAA regulations set fine particulate
matter trigger levels for impaired air
quality burn bans, consistent with
statutory changes enacted by the
Washington State Legislature. The
submission also contains updates to
improve the clarity of the language and
align with the statewide solid fuel
burning device regulations already
applicable in YRCAA’s jurisdiction. We
are approving these changes because
they meet the requirements of the Clean
Air Act (CAA) and strengthen the
Washington State Implementation Plan
(SIP).
DATES: This final rule is effective
February 23, 2022.
ADDRESSES: The EPA has established a
docket for this action under Docket ID
No. EPA–R10–OAR–2021–0750. All
documents in the docket are listed on
the https://www.regulations.gov
website. Although listed in the index,
some information is not publicly
available, e.g., Confidential Business
jspears on DSK121TN23PROD with RULES1
SUMMARY:
VerDate Sep<11>2014
16:18 Jan 21, 2022
Jkt 256001
Penalties as
last amended by
statute
Civil monetary penalty description
Civil Penalty for Failure to Register as Money
Transmitting Business.
Information or other information the
disclosure of which is restricted by
statute. Certain other material, such as
copyrighted material, is not placed on
the internet and will be publicly
available only in hard copy form.
Publicly available docket materials are
available at https://
www.regulations.gov, or please contact
the person listed in the FOR FURTHER
INFORMATION CONTACT section for
additional availability information.
FOR FURTHER INFORMATION CONTACT: Jeff
Hunt, EPA Region 10, 1200 Sixth
Avenue—Suite 155, Seattle, WA 98101,
at (206) 553–0256, or hunt.jeff@epa.gov.
SUPPLEMENTARY INFORMATION:
Throughout this document, wherever
‘‘we,’’ ‘‘us,’’ or ‘‘our’’ is used, it means
the EPA.
I. Background
On November 18, 2021, we proposed
to approve and incorporate by reference
Regulation 1, sections 3.04 Wood
Heaters and 3.05 Burn Bans, adopted by
YRCAA effective November 9, 2020 (86
FR 64438). The reasons for our proposed
approval were stated in the proposed
rulemaking and will not be re-stated
here. The public comment period for
our proposed approval ended on
December 20, 2021, and we received no
comments. Therefore, we are finalizing
our action as proposed.
II. Final Action
The EPA is approving and
incorporating by reference Regulation 1,
sections 3.04 Wood Heaters and 3.05
Burn Bans, adopted by YRCAA effective
November 9, 2020. We are also
removing from the SIP the outdated
1993 and 1995 Article IX provisions
Woodstoves and Fireplaces, which are
replaced by sections 3.04 and 3.05.
III. Incorporation by Reference
In this document, the EPA is
finalizing regulatory text in an EPA final
rule that includes incorporation by
reference. In accordance with
requirements of 1 CFR 51.5, the EPA is
finalizing the incorporation by reference
of the regulations described in section II
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Frm 00015
Fmt 4700
Sfmt 4700
Maximum penalty
amounts or range
of minimum and
maximum penalty
amounts for
penalties
assessed on or
after 1/24/2022
5,000
9,250
of this preamble. The EPA has made,
and will continue to make, these
materials generally available through
https://www.regulations.gov and at the
EPA Region 10 Office (please contact
the person identified in the FOR FURTHER
INFORMATION CONTACT section of this
preamble for more information).
Therefore, these materials have been
approved by the EPA for inclusion in
the SIP, have been incorporated by
reference by the EPA into that plan, are
fully federally enforceable under
sections 110 and 113 of the CAA as of
the effective date of the final rule of the
EPA’s approval, and will be
incorporated by reference by the
Director of the Federal Register in the
next update to the SIP compilation.1
IV. Statutory and Executive Order
Review
Under the CAA, the Administrator is
required to approve a SIP submission
that complies with the provisions of the
CAA and applicable Federal regulations.
42 U.S.C. 7410(k); 40 CFR 52.02(a).
Thus, in reviewing SIP submissions, the
EPA’s role is to approve state choices,
provided that they meet the criteria of
the CAA. Accordingly, this action
merely approves state law as meeting
Federal requirements and does not
impose additional requirements beyond
those imposed by state law. For that
reason, this action:
• Is not a ‘‘significant regulatory
action’’ subject to review by the Office
of Management and Budget under
Executive Orders 12866 (58 FR 51735,
October 4, 1993) and 13563 (76 FR 3821,
January 21, 2011);
• Does not impose an information
collection burden under the provisions
of the Paperwork Reduction Act (44
U.S.C. 3501 et seq.);
• Is certified as not having a
significant economic impact on a
substantial number of small entities
under the Regulatory Flexibility Act (5
U.S.C. 601 et seq.);
• Does not contain any unfunded
mandate or significantly or uniquely
1 62
E:\FR\FM\24JAR1.SGM
FR 27968 (May 22, 1997).
24JAR1
]]>Agencies
[Federal Register Volume 87, Number 15 (Monday, January 24, 2022)]
[Rules and Regulations]
[Pages 3433-3435]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01284]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
31 CFR Part 1010
Financial Crimes Enforcement Network; Inflation Adjustment of
Civil Monetary Penalties
AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: FinCEN is publishing this final rule to reflect inflation
adjustments to its civil monetary penalties as mandated by the Federal
Civil Penalties Inflation Adjustment Act of 1990, as amended. This rule
adjusts certain maximum civil monetary penalties within the
jurisdiction of FinCEN to the amounts required by that Act.
DATES: Effective January 24, 2022.
FOR FURTHER INFORMATION CONTACT: The FinCEN Regulatory Support Section
at 1-800-767-2825, or electronically at [email protected].
SUPPLEMENTARY INFORMATION:
I. Background
In order to improve the effectiveness of civil monetary penalties
(CMPs) and to maintain their deterrent effect, the Federal Civil
Penalties Inflation Adjustment Act of 1990, as amended in 2015 by
section 701 of Public Law 114-74, codified at 28 U.S.C. 2461 note (the
Act), requires Federal agencies to adjust for inflation each CMP
provided by law within the jurisdiction of the agency. The Act requires
agencies to adjust the level of CMPs with an initial ``catch-up''
adjustment through an interim final rulemaking. After the initial
``catch-up''
[[Page 3434]]
adjustment, agencies are required to adjust CMPs annually and to make
the adjustments notwithstanding 5 U.S.C. 553, which requires notice-
and-comment rulemaking for certain agency actions. The Act provides
that any increase in a CMP shall apply to CMPs that are assessed after
the date the increase takes effect, regardless of whether the
underlying violation predated such increase.\1\
---------------------------------------------------------------------------
\1\ The increased CMPs, however, apply only with respect to
underlying violations occurring after November 2, 2015 the date of
enactment of the most recent amendment to the Act.
---------------------------------------------------------------------------
II. Method of Calculation
The method of calculating CMP adjustments applied in this final
rule is required by the Act. Under the Act and Office of Management and
Budget (OMB) guidance, annual inflation adjustments subsequent to the
initial catch-up adjustment are to be based on the percent change
between the Consumer Price Index for all Urban Consumers (CPI-U) for
the October preceding the date of the adjustment and the prior year's
October CPI-U. As set forth in OMB Memorandum M-22-07 of December 15,
2021, the adjustment multiplier for 2022 is 1.06222. In order to
complete the 2022 annual adjustment, each current CMP (all of which
were themselves last adjusted in 2021) is multiplied by the 2022
adjustment multiplier. Under the Act, any increase in CMP must be
rounded to the nearest multiple of $1.\2\
---------------------------------------------------------------------------
\2\ FinCEN has previously described that it applied a catch-up
adjustment for each penalty subject to the Act, based on the year
and corresponding amount(s) for which the maximum penalty or range
of minimum and maximum penalties was established or last adjusted,
whichever is later. See Civil Monetary Penalty Adjustment and Table,
81 FR 42503, 42504 (June 30, 2016). Because the year varies for
different penalties, penalties that were originally of the same size
when promulgated can have different values today pursuant to the
application of the Act.
---------------------------------------------------------------------------
Procedural Matters
1. Administrative Procedure Act
Section 4(b) of the Act requires agencies, beginning in 2017, to
make annual adjustments for inflation to CMPs notwithstanding the
notice and comment requirements of 5 U.S.C. 553. Additionally, the
methodology used for adjusting CMPs for inflation, effective 2017, is
provided by statute, with no discretion provided to agencies regarding
the substance of the adjustments for inflation to CMPs. Accordingly,
prior public notice and an opportunity for public comment and a delayed
effective date are not required for this rule.
2. Regulatory Flexibility Act
Because no notice of proposed rulemaking is required, the
provisions of the Regulatory Flexibility Act (5 U.S.C. 601 et seq.) do
not apply.
3. Executive Order 12866.
This rule is not a significant regulatory action as defined in
section 3(f) of Executive Order 12866.
4. Paperwork Reduction Act
The provisions of the Paperwork Reduction Act of 1995, Pub. L. 104-
13, 44 U.S.C. Chapter 35, and its implementing regulations, 5 CFR part
1320, do not apply to this rule because there are no new or revised
recordkeeping or reporting requirements.
List of Subjects in 31 CFR Part 1010
Authority delegations (Government agencies), Administrative
practice and procedure, Banks, banking, Brokers, Currency, Foreign
banking, Foreign currencies, Gambling, Investigations, Penalties,
Reporting and recordkeeping requirements, Securities, Terrorism.
Authority and Issuance
For the reasons set forth in the preamble, part 1010 of chapter X
of title 31 of the Code of Federal Regulations is amended as follows:
PART 1010--GENERAL PROVISIONS
0
1. The authority citation for part 1010 is revised to read as follows:
Authority: 12 U.S.C. 1829b and 1951-1959; 31 U.S.C. 5311-5314
and 5316-5336; title III, sec. 314, Pub. L. 107-56, 115 Stat. 307;
sec. 2006, Pub. L. 114-41, 129 Stat. 458-459; sec. 701, Pub. L. 114-
74, 129 Stat. 599.
0
2. Amend Sec. 1010.821 by revising Table 1 of paragraph (b) to read as
follows:
Sec. 1010.821 Penalty adjustment and table.
* * * * *
(b) * * *
Table 1 of Sec. 1010.821--Penalty Adjustment Table
----------------------------------------------------------------------------------------------------------------
Maximum penalty
amounts or range
of minimum and
Civil monetary penalty Penalties as last maximum penalty
U.S. Code citation description amended by statute amounts for
penalties assessed
on or after 1/24/
2022
----------------------------------------------------------------------------------------------------------------
12 U.S.C. 1829b(j)........................ Relating to Recordkeeping $10,000 $23,011
Violations For Funds
Transfers.
12 U.S.C. 1955............................ Willful or Grossly Negligent 10,000 23,011
Recordkeeping Violations.
31 U.S.C. 5318(k)(3)(C)................... Failure to Terminate 10,000 15,565
Correspondent Relationship
with Foreign Bank.
31 U.S.C. 5321(a)(1)...................... General Civil Penalty 25,000-100,000 62,689-250,759
Provision for Willful
Violations of Bank Secrecy
Act Requirements.
31 U.S.C.................................. Foreign Financial Agency 10,000 14,489
5321(a)(5)(B)(i).......................... Transaction--Non-Willful
Violation of Transaction.
31 U.S.C.................................. Foreign Financial Agency 100,000 144,886
5321(a)(5)(C)(i)(I)....................... Transaction--Willful
Violation of Transaction.
31 U.S.C.................................. Negligent Violation by 500 1,253
5321(a)(6)(A)............................. Financial Institution or
Non-Financial Trade or
Business.
31 U.S.C.................................. Pattern of Negligent 50,000 97,529
5321(a)(6)(B)............................. Activity by Financial
Institution or Non-
Financial Trade or Business.
31 U.S.C. 5321(a)(7)...................... Violation of Certain Due 1,000,000 1,556,481
Diligence Requirements,
Prohibition on
Correspondent Accounts for
Shell Banks, and Special
Measures.
[[Page 3435]]
31 U.S.C. 5330(e)......................... Civil Penalty for Failure to 5,000 9,250
Register as Money
Transmitting Business.
----------------------------------------------------------------------------------------------------------------
Himamauli Das,
Acting Director, Financial Crimes Enforcement Network.
[FR Doc. 2022-01284 Filed 1-21-22; 8:45 am]
BILLING CODE 4810-02-P
