Skip to content

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.

Click Now!


OFAC targets Cuban supporter of Maduro regime

On Wednesday, the Department of the Treasury announced OFAC had designated Cubametales, the Cuban state-run oil import and export company, for its continued importation of oil from Venezuela. Cuba, in exchange for this oil, continues to provide support, including defense, intelligence, and security assistance, to the illegitimate regime of former President Nicolas Maduro.

OFAC also delisted PB Tankers S.p.A. and its vessels. PB Tankers ended its charter agreement with Cubametales and took other steps to increase scrutiny of its business operations to prevent future sanctionable activity.

For identity information on Cubametales and on the listings removed by OFAC, see BankersOnline's OFAC Update.

Filed under: 

Training View All

Penalties View All

Search Top Stories