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.
Insurers settle with OFAC over CACR violations
OFAC has announced two separate agreements with insurers to settle their respective potential civil liability for apparent violations of the Cuban Assets Control Regulations. In each case, OFAC determined that the insurer made a voluntary self-disclosure of the apparent violations, and that the apparent violations constituted a non-egregious case.
- $170,535 settlement with Allianz Global Risks U.S. Insurance Company, for 6,474 apparent violations
- $66.212 settlement with Chubb Limited, as successor legal entity of former ACE Limited, for 20,.291 apparent violations