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Penalties for OFAC Violations
Economic sanctions are now a fundamental tool of foreign policy and national security for many countries. Sanctions influence the behavior of states, organizations, and individuals that violate international standards. In the United States, the Office of Foreign Assets Control (O Read more »
OFAC: Its Purpose, Sanction Lists, and Licensing
The Office of Foreign Assets Control (OFAC) is the primary regulatory body responsible for the national security of the USA. It implements the country’s foreign policy through the administration of economic and trade sanctions. In the context of growing international econom Read more »