Skip to content

Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)

Venezuelan officials targeted by OFAC

OFAC has announced its designation on Friday of five officials "aligned with illegitimate former President Nicolas Maduro, who continue to repress democracy and democratic actors in Venezuela and engage in significant corruption and fraud against the people of Venezuela."

As a result of Friday’s action, all property and interests in property of the targeted individuals, and of any entities that are owned, directly or indirectly, 50% or more by such individuals, that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. OFAC’s regulations generally prohibit all dealings by U.S. persons or within (or transiting) the United States that involve any property or interests in property of blocked or designated persons.

For identification information on these individuals, see our OFAC Update.

Filed under: 

Training View All

Penalties View All

Search Top Stories