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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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San Antonio software company settles with OFAC

OFAC has announced an $189,483 settlement with NewTek, Inc., a company headquartered in San Antonio, Texas, that develops and supplies live production and 3D animation hardware and software systems. The agreement settles NewTek’s potential civil liability for apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR) that occurred between December 2013 and May 2018 when NewTek indirectly exported goods, technology, and services from the United States to Iran through third-country distributors.

OFAC determined that NewTek voluntarily self-disclosed the apparent violations and that the apparent violations constitute a non-egregious case.

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