### Question
How is the "covered judicial or administrative action" defined?


### Answer
The term **covered judicial or administrative action** is defined in *31 U.S.C. § 5323* as follows -

> any judicial or administrative action brought by the Secretary of the Treasury (referred to in this section as the "Secretary") or the Attorney General under this subchapter or subchapter III that results in monetary sanctions exceeding $1,000,000

#### Citation:
  - *31 U.S.C. § 5323*
  - Heading: **SUBTITLE IV-MONEY > CHAPTER 53-MONETARY TRANSACTIONS > SUBCHAPTER II-RECORDS AND REPORTS ON MONETARY INSTRUMENTS TRANSACTIONS**

