Reporting, Procedures and Penalties Regulations

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form TD F 90-22.50 Reporting, Procedures and Penalties Regulations	Form and Instruction	Modified	Repair queued
OFAC RPPR Supporting Statement (6-24-2021)_final.docx	Supporting Statement A	Uploaded 2021-06-28	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
43827	Reporting, Procedures and Penalties Regulations	Form and Instruction	Modified

ICR Details

OMB Control No: 1505-0164	ICR Reference No: 202106-1505-001
Status: Received in OIRA	Previous ICR Reference No: 202008-1505-002
Agency/Subagency: TREAS/DO	Agency Tracking No:
Title: Reporting, Procedures and Penalties Regulations
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 06/29/2021

table that charts list comparision

	Requested	Previously Approved
Expiration Date	36 Months From Approved	06/30/2021
Responses	30,051	31,601
Time Burden (Hours)	13,160	14,850
Cost Burden (Dollars)	0	0

---

Abstract: Submissions will provide the U.S. Government with information to be used in enforcing various economic sanctions programs administered by OFAC under 31 CFR Chapter V.

---

Authorizing Statute(s): US Code: 50 USC 1701-1706 Name of Law: International Emergency Economic Powers Act
   US Code: 22 USC 287c Name of Law: United Nations Participation Act of 1945
   US Code: 50 USC 4301 Name of Law: Trading with the Enemy Act
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 18372	04/08/2021
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 34120	06/28/2021
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Reporting, Procedures and Penalties Regulations	TD-F 93.08, TD F 90-22.50, TD F 93.04, TD F 93.02, TD F 98-22.61, TD F 93.07	Annual Report of Blocked Property ,   Trade Sanctions Reform and Export Enhancement Application ,   Report of Blocked Transactions ,   Report of Rejected Transactions ,   OFAC License Application Cover Letter ,   Report on Blocked Property - Tangible/Real/Other Non-Financial Property

---

ICR Summary of Burden

table that charts list of burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	30,051	31,601	0	0	-1,550	0
Annual Time Burden (Hours)	13,160	14,850	0	0	-1,690	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The estimated 30,051 responses cited in Item 12 represents a slight decrease of 1,550 responses from the previously approved collection for this authority. Numerous factors are relevant with respect to calculating the estimated burden associated with the information collection and recordkeeping requirements associated with this collection. In future years, OFAC expects that new sanctions programs may be created, or additional prohibitions imposed under existing programs, and other programs or prohibitions may be terminated, which may slightly increase or decrease the burden associated with this collection authority. The creation of new programs or prohibitions, or the elimination of programs or prohibitions, are difficult to estimate as these changes are often responding to specific and unforeseeable foreign policy developments and considerations. However, these changes may have an impact on the time and cost estimates under this collection authority. Since OFAC’s last renewal request for this authority, OFAC has added a number of new programs and prohibitions, and has terminated a number of programs as well. OFAC utilizes historical burden data in forecasting future burden hours. Therefore, OFAC estimates these program changes will have little to no impact on OFAC’s overall burden estimates in the next three years. At the same time, OFAC has been working to streamline the reporting process, and to update its technologies to assist submitters in the reporting process with a view toward reduction of the overall burden on submitters of required reports. For example, OFAC’s ORS electronic reporting system continues to reduce the burden of submitting certain required reports for many submitters, including many large, higher-volume filers. OFAC expects this burden reduction trend to continue as more submitters utilize the ORS for reporting, and reporting of additional forms and information is available via ORS. In addition, OFAC continues to finetune its methodology for calculating burden in an aim to be more precise and accurate in its burden estimates and calculations. As a result, OFAC anticipates that in many cases, such as with this renewal request, the overall burden may shift downward as reporting becomes easier and less burdensome for filers, and as OFAC’s methodology more accurately accounts for estimated burden. The decreases in burden resulting from this streamlining and more accurate methodology counteracted any program changes that may have resulted in an uptick of various reports covered by this collection, such as reports of blocked property, to result in an overall decreased burden estimate.

---

Annual Cost to Federal Government: $377,859

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 06/29/2021

---