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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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Shipping company pays $1.125M to settle OFAC violations

OFAC has announced that Eagle Shipping International (USA) LLC, a Marshall Islands company with its headquarters in Stamford, Connecticut, has agreed to pay $1,125,000 to settle its potential civil liability for 36 apparent violations of the Burmese Sanctions Regulations. The alleged violations involve Eagle Shipping’s dealings in the property interests of Myawaddy Trading Limited, which at all relevant times was identified on OFAC’s SDN list, and the provision of transportation services from Burma to Singapore for a land reclamation project for the benefit of Myawaddy, in apparent violation of the regulations.

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