ofac
definitions
-
noun
The Office of Foreign Assets Control, a United States Department of the Treasury agency responsible for administering and enforcing economic and trade sanctions based on US foreign policy and national security goals.pt: Agência de sanções dos EUA
examples
-
Companies must ensure strict OFAC compliance to avoid heavy fines.
As empresas devem garantir estrita conformidade com a OFAC para evitar multas pesadas.