Search Results for keywords:"civil or criminal penalties"

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Search Results: keywords:"civil or criminal penalties"

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  • 2025-04099 — Issuance of a Geographic Targeting Order Imposing Additional Recordkeeping and Reporting Requirements on Certain Money Services Businesses Along the Southwest Border
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    Type:Rule
    Citation:90 FR 12106
    Reading Time:about 7 minutes

    The Financial Crimes Enforcement Network (FinCEN), part of the U.S. Treasury Department, has issued a Geographic Targeting Order for certain money services businesses along the southwest border of the U.S. These businesses must report currency transactions of more than $200 but not more than $10,000 and verify the identity of those making these transactions. The order, effective from April 14, 2025, to September 9, 2025, covers specific areas in California and Texas and aims to combat illegal financial activities by drug cartels. Failure to comply with this order could result in civil or criminal penalties.

    Simple Explanation

    The U.S. government wants certain places that help people send money near the southwest border to pay extra attention to any money amounts between $200 and $10,000 to catch bad guys using money for illegal stuff. These places have to check who is sending the money and keep records of these transactions to make sure everything is safe and honest.

  • 2020-28773 — Prohibition Order Securing Critical Defense Facilities
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    Type:Notice
    Citation:86 FR 533
    Reading Time:about 19 minutes

    The U.S. Department of Energy has issued a Prohibition Order that restricts the acquisition and use of certain bulk-power system (BPS) electric equipment from China because of national security concerns. This order aims to prevent foreign adversaries from potentially exploiting these equipment vulnerabilities, especially in areas critical to defense facilities. It specifically targets equipment like transformers and circuit breakers operating at 69 kV or higher if they are manufactured or supplied by entities under China's influence. Violation of this order may result in significant civil or criminal penalties.

    Simple Explanation

    The government made a rule that says they won't buy or use electric parts from China for important military places, because they want to keep everyone safe from sneaky tricks.