The "Foreign Agents Transparency Act" aims to strengthen the Foreign Agents Registration Act (FARA) by clarifying and expanding the obligations of individuals who have previously acted as foreign agents. It amends FARA to explicitly state that the obligation to register is continuing with respect to activities carried out on behalf of foreign principals, even after an individual ceases to be an active agent. This clarification applies to individuals who served as agents within five years prior to the bill's enactment, on the enactment date, or thereafter. The bill also enhances the Attorney General's enforcement capabilities by permitting court orders requiring FARA compliance to apply even after an individual's activities as a foreign agent have ended. This ensures the Attorney General can pursue enforcement actions for past FARA violations regardless of current agent status, promoting greater accountability and transparency. Additionally, the Act mandates increased oversight by requiring the Attorney General to submit annual, machine-readable reports to Congress detailing all enforcement actions taken against individuals who served as foreign agents within the preceding five years, including the individual's name, the rationale, and the action's status.