The Office of Foreign Assets Control (OFAC), operating under the authority of the U.S. Department of the Treasury, is tasked with the administration and enforcement of economic and trade sanctions against designated countries, individuals, and legal entities. These sanctions are imposed pursuant to U.S. foreign policy and national security objectives, with the aim of countering terrorism, preventing human rights violations, and addressing other unlawful or hostile activities. Compliance with OFAC regulations is a critical obligation for any party engaged in cross-border transactions involving U.S. persons, goods, services, or financial systems. Any breach of these regulations—regardless of intent—may result in substantial civil or criminal penalties, asset blocking measures, and severe reputational consequences for the offending party or business entity.