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 modernization efforts
OFAC has announced efforts to modernize its infrastructure and approaches to engaging with stakeholders to ensure sanctions are easily understood and enforceable — a key recommendation highlighted in Treasury’s 2021 Sanctions Review that OFAC is working to implement.
To ensure that its guidance remains up to date and relevant for the public, OFAC is updating many of its FAQs on general sanctions questions and issues. These FAQs are often OFAC's most viewed guidance, as they deal with basic principles of sanctions implementation. The first installment of updated FAQs is available now (FAQs 1, 3, 4, 6, 7, 9, 10, 11, 12, 13, 91, 126, 468, and 469) and includes guidance on key topics such as what OFAC means by “blocked property” and how to verify the authenticity of an OFAC document.
OFAC will continue reviewing FAQs through an ongoing process focused on providing up-to-date and useful information to the public. OFAC will announce subsequent FAQ updates via its Recent Actions Notices.
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