The Office of Foreign Assets Control, OFAC is an office of the United States Treasury Department that “administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities related to the proliferation of weapons of mass destruction, and other threats to the national security, foreign policy or economy of the United States.” OFAC aggregates, maintains and publishes lists of sanctioned individuals and entities, including the SDN list, Consolidated Sanctions list, and others, and enforces compliance with the various sanctions.
