US Department of the 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. Generated from their business information