Foreign Assets Control Office

The Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury administers and enforces economic and trade sanctions based on US 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 acts under Presidential national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze assets under US jurisdiction. Many of the sanctions are based on United Nations and other international mandates, are multilateral in scope, and involve close cooperation with allied governments.

About Professional Legislative Monitoring, referred to as PLM

 

Part of our suite of solutions to empower customs managers, Professional Legislative Monitoring (PLM), allows global trade professionals to save time and free up skilled personal to carry out more strategic tasks. Subscribers to PLM receive a professionally curated compilation of legislative changes that occurred in the prior week, created by experienced trade specialists and quality assessed before release. Readers can rest assured that they have not missed any updates. Subscribers can save time by forgiving to scan through floods of marketing emails and blog entries and instead focus on operational performance and long-term profitability. www.customsmanager.info

About Customs Manager

Our mission is to create the world's largest community of empowered Customs managers and Global Trade Professionals. We achieve this through professional legislative monitoring, ongoing training & education, and providing first-class support. In this way, we strengthen the overall customs & global trade (C&GT) profession by creating up-to-date, well-trained, and supported customs managers ready to grow global trade effectively, efficiently and compliantly.

Always up to date. Always learning. Always supported.

Find out more at www.customsmanager.org