This part sets forth standard sanctions penalty regulations applicable to transactions regulated pursuant to other parts codified in this chapter, as well as to economic sanctions programs for which implementation and administration are delegated to OFAC. Substantive prohibitions, definitions, interpretations, and licenses particular to each economic sanctions program are not contained in this part but are set forth in the particular part of this chapter dedicated to that program and OFAC's website, https://ofac.treasury.gov, or, in the case of economic sanctions programs not yet implemented in regulations, in the applicable Executive order or other authority. Violations of certain economic sanctions programs are subject to additional penalties; information about these will be found in the particular part of this chapter dedicated to that program.

(a) After the conclusion of a civil penalties proceeding that results in either the imposition of a civil monetary penalty or a settlement agreement, OFAC shall make available to the public certain information on a routine basis, not less frequently than monthly, as follows:

(1) In each such proceeding against an entity, OFAC shall make available to the public:

(i) The name and location of the entity involved;

(ii) The sanctions program(s) involved;

(iii) A brief description of the violation or apparent violation;

(iv) A clear indication whether the proceeding resulted in a settlement agreement or the imposition of penalties;

(v) An indication whether the entity voluntarily disclosed the violation or apparent violation to OFAC; and

(vi) The amount of the penalty imposed or the amount of the agreed settlement.

(2) In such proceedings against individuals, OFAC shall release on an aggregate basis:

(i) The number of penalties imposed and settlement agreements reached;

(ii) The sanctions program(s) involved;

(iii) A brief description of the violations or apparent violations;

(iv) A clear indication whether the proceedings resulted in settlement agreements or in the imposition of penalties; and

(v) The amounts of the penalties imposed and the amounts of the agreed settlements.

(b) The medium through which information will be made available to the public is OFAC's website at https://ofac.treasury.gov.

(c) The information made available pursuant to paragraph (a) of this section shall generally not include the following:

(1) The name of any violator or alleged violator who is an individual.

(2) Records or information obtained or created in the implementation of part 598 of this chapter.

(d) On a case-by-case basis, OFAC may release additional information concerning a particular civil penalties proceeding.

For approval by the Office of Management and Budget (OMB) under the Paperwork Reduction Act of 1995 (44 U.S.C. 3507) of information collections relating to recordkeeping and reporting requirements, licensing procedures, and other procedures, see § 501.901 of this chapter. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid control number assigned by OMB.