The Office of Foreign Assets Control (OFAC), part of the U.S. Department of the Treasury, is the agency responsible for enforcing U.S. economic and trade sanctions. Its activity covers U.S. citizens, green card holders, companies registered in the U.S., and in many cases, even their foreign subsidiaries. In fact, non-U.S. businesses and individuals can also face serious consequences if their actions cause a U.S. person or company to break sanctions.
Please see full publication below for more information.
