diff --git a/include/boost/regex/v5/perl_matcher.hpp b/include/boost/regex/v5/perl_matcher.hpp
index e48171085..207daedd8 100644
--- a/include/boost/regex/v5/perl_matcher.hpp
+++ b/include/boost/regex/v5/perl_matcher.hpp
@@ -39,25 +39,34 @@
 #endif
 #endif
 
+#ifndef BOOST_REGEX_STANDALONE
+#  define BOOST_REGEX_DETAIL_THROW(ex) boost::throw_exception(ex)
+#else
+#  define BOOST_REGEX_DETAIL_THROW(ex) throw ex
+#endif
+
 namespace boost{
 namespace BOOST_REGEX_DETAIL_NS{
 
 //
 // error checking API:
 //
-inline void  verify_options(boost::regex_constants::syntax_option_type, match_flag_type mf)
+inline void verify_options(boost::regex_constants::syntax_option_type, match_flag_type mf)
 {
+   auto is_perl = (mf & match_perl);
+   auto is_posix = (mf & match_posix);
+
+   if (is_perl && is_posix)
+   {
+      BOOST_REGEX_DETAIL_THROW(std::logic_error("Usage Error: Can't mix Perl and POSIX matching rules"));
+   }
+
    //
    // can't mix match_extra with POSIX matching rules:
    //
-   if ((mf & match_extra) && (mf & match_posix))
+   if ((mf & match_extra) && is_posix)
    {
-      std::logic_error msg("Usage Error: Can't mix regular expression captures with POSIX matching rules");
-#ifndef BOOST_REGEX_STANDALONE
-      throw_exception(msg);
-#else
-      throw msg;
-#endif
+      BOOST_REGEX_DETAIL_THROW(std::logic_error("Usage Error: Can't mix regular expression captures with POSIX matching rules"));
    }
 }
 //
diff --git a/include/boost/regex/v5/perl_matcher_common.hpp b/include/boost/regex/v5/perl_matcher_common.hpp
index 4e9119e3e..ff3a69e88 100644
--- a/include/boost/regex/v5/perl_matcher_common.hpp
+++ b/include/boost/regex/v5/perl_matcher_common.hpp
@@ -60,12 +60,7 @@ void perl_matcher<BidiIterator, Allocator, traits>::construct_init(const basic_r
    if(e.empty())
    {
       // precondition failure: e is not a valid regex.
-      std::invalid_argument ex("Invalid regular expression object");
-#ifndef BOOST_REGEX_STANDALONE
-      boost::throw_exception(ex);
-#else
-      throw e;
-#endif
+      BOOST_REGEX_DETAIL_THROW(std::invalid_argument("Invalid regular expression object"));
    }
    pstate = 0;
    m_match_flags = f;
@@ -98,7 +93,11 @@ void perl_matcher<BidiIterator, Allocator, traits>::construct_init(const basic_r
    match_any_mask = static_cast<unsigned char>((f & match_not_dot_newline) ? BOOST_REGEX_DETAIL_NS::test_not_newline : BOOST_REGEX_DETAIL_NS::test_newline);
    // Disable match_any if requested in the state machine:
    if(e.get_data().m_disable_match_any)
+   {
+      if (m_match_flags & match_posix)
+         BOOST_REGEX_DETAIL_THROW(std::logic_error("Invalid regex for POSIX-style matching"));
       m_match_flags &= regex_constants::match_not_any;
+   }
 }
 #ifdef BOOST_REGEX_MSVC
 #  pragma warning(pop)
diff --git a/test/Jamfile.v2 b/test/Jamfile.v2
index 1fd6cc3d0..9140e2db3 100644
--- a/test/Jamfile.v2
+++ b/test/Jamfile.v2
@@ -136,3 +136,4 @@ compile test_windows_defs_4.cpp ;
 
 run issue153.cpp : : : "<toolset>msvc:<linkflags>-STACK:2097152" ;
 run issue227.cpp ;
+run issue232.cpp ;
diff --git a/test/issue232.cpp b/test/issue232.cpp
new file mode 100644
index 000000000..a8c2b2ccd
--- /dev/null
+++ b/test/issue232.cpp
@@ -0,0 +1,71 @@
+#include <boost/core/lightweight_test.hpp>
+
+#include <boost/regex.hpp>
+#include <cstddef>
+#include <vector>
+
+template<std::size_t N0, std::size_t N = N0 - 1>
+void tester( char const (&str)[ N0 ] )
+{
+   std::vector<char> s(N, '\0');
+   std::memcpy(s.data(), str, N);
+   boost::regex rx(s.begin(), s.end());
+
+   std::vector<std::string> wheres;
+   wheres.push_back(std::string(15, 'H'));
+   wheres.push_back("");
+   wheres.push_back("                         ");
+
+   // Perl-style matching
+   for (auto const& where : wheres) {
+      boost::match_results<std::string::const_iterator> what;
+      bool match = boost::regex_match(where, what, rx, boost::match_default | boost::match_partial | boost::match_any | boost::match_perl);
+      (void) match;
+   }
+
+   // POSIX-style matching
+   for (auto const& where : wheres) {
+      try {
+         boost::match_results<std::string::const_iterator> what;
+         bool match = boost::regex_match(where, what, rx, boost::match_default | boost::match_partial | boost::match_any | boost::match_posix);
+         (void) match;
+      } catch(...) {}
+   }
+
+}
+
+int main()
+{
+   // test strings derived from fuzzing
+   // we keep a simple human-readable version
+   char const str1[] = "(Y(*COMMIT)|\\K\\D|.)+";
+   char const str2[] = "(Y(*COMMIT){||\\K\\D|||||||||\\K|||ss|||||.|\232*(?(50)\027\0204657|H)\020}\031\000.* 6.'?-i)+[L??.\000\000\000\004\000\000\000\000?..<[\000\024R]*+";
+   char const str3[] = "(Y(*COMMIT)\xFF\x80|\\L\\K||||||||||.|||||\x84|||||\x00\x00\x10||||||.*  .'?-i)[L??...-i)[L??...[\x00\x14R]*+";
+   char const str4[] = "(Y(*COMMIT)\x96||.*  .*  .\\K|||\x9F||||\x9C|.|||||\x84\x99|||\x01\x00\x00\x00|||'?-i#PL\x00\x01.\x86??OMMIT)?...[\x00\x14R]*+";
+
+   tester(str1);
+   tester(str2);
+   tester(str3);
+   tester(str4);
+
+   // prove that we catch certain impossible scenarios
+
+   {
+      char const* str = "abcd";
+      boost::regex rx(str);
+      boost::match_results<std::string::const_iterator> what;
+      std::string where(15, 'H');
+      BOOST_TEST_THROWS(boost::regex_match(where, rx, boost::match_posix | boost::match_perl), std::logic_error);
+   }
+
+   {
+      char const* str = "ab(*COMMIT)cd";
+      boost::regex rx(str);
+      boost::match_results<std::string::const_iterator> what;
+      std::string where(15, 'H');
+      BOOST_TEST_THROWS(boost::regex_match(where, rx, boost::match_posix), std::logic_error);
+   }
+
+   return boost::report_errors();
+}
+