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.
Treasury targets Hizballah finance official and shadow bankers
Treasury has announced that OFAC has designated seven individuals in connection with Hizballah and its finance firm, Al-Qard al-Hassan (AQAH). Ibrahim Ali Daher serves as the Chief of Hizballah’s Central Finance Unit, which oversees Hizballah’s overall budget and spending, including the group’s funding of its terrorist operations and killing of the group’s opponents. The other six individuals designated today used the cover of personal accounts at certain Lebanese banks, including U.S.-designated Jammal Trust Bank (JTB), to evade sanctions targeting AQAH and transfer approximately half a billion U.S. dollars on behalf of AQAH.
For identification of the seven individuals designated by OFAC, together with other OFAC changes, see this BankersOnline OFAC Update.