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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.
OFAC is the successor to the Office of Foreign Funds Control (the FFC''), which was established at the advent of World War II following the German invasion of Norway in 1940. The FFC program was administered by the Secretary of the Treasury throughout the war.