Regulations last checked for updates: Jan 19, 2025

Title 31 - Money and Finance: Treasury last revised: Jan 16, 2025
§ 850.216 - Knowledge.

Knowledge of a fact or circumstance (the term may be a variant, such as “know”) means:

(a) Actual knowledge that a fact or circumstance exists or is substantially certain to occur;

(b) An awareness of a high probability of a fact or circumstance's existence or future occurrence; or

(c) Reason to know of a fact or circumstance's existence.

Note 1 to § 850.216:

See the discussion of the knowledge standard in § 850.104 for more information about how this term is applied in this part.

authority: 50 U.S.C. 1701
source: 89 FR 90462, Nov. 15, 2024, unless otherwise noted.
cite as: 31 CFR 850.216