What is the purpose of OFAC sanctions?
What is the purpose of OFAC sanctions?
Sanctions serve foreign policy goals: (1) Counter-terrorism — cutting off funding to terrorist organizations. (2) Non-proliferation — preventing weapons of mass destruction development. (3) Human rights — penalizing human rights abusers and corrupt officials. (4) Aggression response — responding to territorial aggression (Russia/Ukraine). (5) Cyber deterrence — targeting malicious cyber actors.