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The Office of Foreign Assets Control (OFAC) is responsible for administering and enforcing U.S economic sanctions. policy. As part of this mission, OFAC maintains a list of Specially Designated Nationals (SDN). All U.S. persons are.
Office of Foreign Assets Control (OFAC), a division of the U.S. Treasury Department. 1  The U.S. Office of Foreign Assets Control (OFAC) is a division of the U.S. Treasury and operates under Presidential authority powers. The OFAC administers and enforces economic and trade sanctions in accordance with U.S. policy and plays a role in tracking international terrorists.