Financial Crimes Enforcement Network; Inflation Adjustment of Civil Monetary Penalties, 3433-3435 [2022-01284]

Download as PDF 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. VerDate Sep<11>2014 16:18 Jan 21, 2022 Jkt 256001 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). PO 00000 Frm 00013 Fmt 4700 Sfmt 4700 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’’ E:\FR\FM\24JAR1.SGM 24JAR1 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 VerDate Sep<11>2014 17:29 Jan 21, 2022 Jkt 256001 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 PO 00000 Frm 00014 Fmt 4700 Sfmt 4700 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 24JAR1 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 PO 00000 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


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