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 adds six to SDN List

Treasury has reported that OFAC has designated the Vice President of the Nicaraguan Supreme Court of Justice, Marvin Ramiro Aguilar Garcia; a Deputy of the National Assembly, Walmaro Antonio Gutierrez Mercado; and a Chief of the Nicaraguan National Police in Leon, Fidel De Jesus Dominguez Alvarez, in an effort to target government officials that continue to assist the Ortega regime’s effort to undermine Nicaragua’s democracy. Those actions were taken under Executive Order 13851, “Blocking Property of Certain Persons Contributing to the Situation in Nicaragua.”

Treasury also reported that OFAC has targeted three entities controlled by the Cuban military with strategic roles in the Cuban economy. Two of the entities, Financiera Cimex S.A. and Kave Coffee, S.A., are subsidiaries of the third entity, the large Cuban government enterprise Grupo de Administración Empresarial S.A., and use their Panamanian incorporation to subvert international trade restrictions. These entities were targeted under the Cuban Assets Control Regulations.

For identification details on the three individuals and three entities targeted by OFAC's actions, see BankersOnline's OFAC Update.

Filed under: 

Training View All

Penalties View All

Search Top Stories