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Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

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Venezuela-related designations, general licenses, and FAQs

OFAC has designated Banco de Desarrollo Economico y Social de Venezuela (BANDES), and any entity in which BANDES owns, directly or indirectly, a 50 percent or greater interest, for operating in the financial sector of the Venezuelan economy, following a determination by Secretary of the Treasury Mnuchin, in consultation with Secretary of State Pompeo, that persons operating in Venezuela’s financial sector may be subject to sanctions. OFAC amended a previously issued General License and four new Venezuela-related general licenses in connection with this designation. Two FAQs were also issued. Details regarding the Licensing changes, FAQs and the entities added to the SDN Lists are in a BankersOnline OFAC Update.

Separately, OFAC published a notice with several new Iran-related and non-proliferation designations. See BankersOnline's OFAC Update for details.

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