Final answer:
Both foreign tourists visiting the United States and foreign investors looking to make direct investments in the U.S. economy must comply with OFAC regulations to ensure their financial activities align with U.S. trade sanctions and national security objectives.
Step-by-step explanation:
The Office of Foreign Assets Control (OFAC) is a financial intelligence and enforcement agency of the U.S. Treasury Department that administers and enforces economic and trade sanctions to support U.S. national security and foreign policy objectives.
Under OFAC regulations, foreign tourists visiting the United States and foreign investors who wish to make direct investments in the U.S. economy must comply with these regulations. This ensures that their activities in the U.S. are not in violation of any sanctions programs.
Foreign tourists must be aware of OFAC regulations as they can affect the types of transactions they are allowed to engage in during their stay.
Similarly, foreign investors are required to comply with OFAC regulations when they are considering investments to ensure such activities do not conflict with U.S. sanctions.
Compliance is important to avoid any potential legal issues and to also ensure that their financial activities are legitimate and authorized under U.S. laws.