Office of Foreign Assets Control-US Dept-Treasury

The Office of Foreign Assets Control (OFAC), a division of the U.S. Department of the Treasury, is responsible for administering and enforcing economic and trade sanctions based on U.S. foreign policy and national security goals. OFAC plays a crucial role in safeguarding the financial system from illicit activities and promoting U.S. interests abroad.

With a focus on compliance and enforcement, OFAC works to prevent terrorism, weapons proliferation, narcotics trafficking, and other threats to national security by targeting individuals, entities, and countries that pose a risk to the United States. Through its regulatory oversight and enforcement actions, OFAC aims to ensure adherence to U.S. sanctions programs and maintain the integrity of the international financial system.

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