Office of Foreign Assets Control (OFAC)
 
November 13, 2001
 

OFAC has recently added additional names to the list of organizations and individuals with which persons subject to U.S. jurisdiction are prohibited from engaging in economic activity. The latest list of Specially Designated Global Terrorists (SDGTs) is growing rapidly. Companies that are either based in the United States or do business in the United States should institute programs to carefully monitor the list to ensure they do not engage in any transactions with those entities. To see a list of trade lawyers, click here.