In order to carry out its duties, the Office of Foreign Assets Control (OFAC) produces the Specially Designated Nationals and Blocked Persons list – also known as the OFAC SDN list.
The OFAC SDN list represents an essential tool in the fight against money laundering and terrorist financing in the United States and around the world. It forms part of the US Treasury’s Selective Sanctions policy in which specific individuals and organizations involved in certain criminal activities are penalized, as opposed to the more comprehensive approach of sanctioning entire nations.
See also: SDN