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 sanctions Hizballah financiers in Lebanon
On Tuesday, the Department of the Treasury announced that OFAC has designated three Hizballah-linked financial facilitators—Adel Diab, Ali Mohamad Daoun, and Jihad Salem Alame— and their Lebanon-based travel company, Dar Al Salam for Travel & Tourism, under Executive Order 13224, which targets terrorists, leaders, and officials of terrorist groups, and those providing support to terrorists or acts of terrorism.
Identification information on the designated individuals and entity can be found in the January 18, 2022, BankersOnline OFAC Update.
As a result of today’s action, all property and interests in property of the designated individuals and entity and of any entities that are owned, directly or indirectly 50 percent or more by them, individually, or with other blocked persons, that are in the United States or in the possession or control of U.S. persons, must be blocked and reported to OFAC. Unless authorized by a general or specific license issued by OFAC or otherwise exempt, OFAC’s regulations generally prohibit all transactions by U.S. persons or within the United States (including transactions transiting the United States) that involve any property or interests in property of designated or otherwise blocked persons.