Guidance On Entities Owned By Persons Whose Property And Interests In Property Are Blocked

“This guidance responds to inquiries received by the Department of the Treasury’s Office of Foreign Assets Control (OFAC) relating to the status of entities owned by individuals or entities designated under Executive orders and regulations administered by OFAC. This document sets forth new guidance with respect to entities owned 50 percent or more in the aggregate by more than one blocked person.”

Revised 08-13-2014