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.
OFAC targets ISIS facilitators and Burmese military officials
The Treasury Department has announced that OFAC has designated three individuals — Alaa Khanfurah, Idris Ali Awad al-Fay, and Ibrahim Ali Awad al-Fay — and one entity — Al-Fay Company — in connection with the Islamic State of Iraq and Syria (ISIS). The individuals and company played a crucial role connecting ISIS with a network of international donors and enabled ISIS to access the financial system in the Middle East. This action coincides with the fourteenth meeting of the Counter ISIS Finance Group (CIFG), which includes nearly 70 countries and international organizations, and plays a fundamental role in coordinating efforts to deny ISIS access to the international financial system and eliminate its sources of revenue.
Treasury also reported that OFAC sanctioned designated 16 individuals and one entity connected to Burma’s military regime. Thirteen of the individuals are key members of Burma’s military regime. The other three individuals are adult children of previously designated senior Burmese military officials. The entity is the State Administration Council (SAC), the body created by the military to support its unlawful overthrow of the democratically elected civilian government. These designations were made under the authority of Executive Order 14014, “Blocking Property with Respect to the Situation in Burma.” These sanctions are not directed at the people of Burma. In concurrent actions, the U.K. and Canada also sanctioned persons and/or entities in relation to the on-going coup in Burma.
Identification information on the individuals and entities added to OFAC's SDN List in these two actions can be found in this BankersOnline OFAC Update.