{"@context":"https://schema.org","@type":"DefinedTerm","name":"OFAC (Office of Foreign Assets Control)","description":"OFAC – the Office of Foreign Assets Control – is the U.S. Treasury bureau responsible for administering and enforcing American economic and trade sanctions against designated countries, individuals, and entities. Its primary screening tool is the SDN List (Specially Designated Nationals and Blocked Persons), which must be checked against all parties to a transaction. The defining characteristic for global logistics is OFAC's extraterritorial reach: any transaction involving U.S. dollars, U.S. pe","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/ofac-office-of-foreign-assets-control","inLanguage":"en","dateModified":"2026-06-26T16:05:19.097601","citation":"https://ofac.treasury.gov","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/ofac-office-of-foreign-assets-control","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"OFAC (Office of Foreign Assets Control) · OFAC – the Office of Foreign Assets Control – is the U.S. · Quelle: https://ofac.treasury.gov"}