{"id":"f1239fd9-1c22-44dc-9695-f59962825529","test":"OFAC 50 percent rule","value":"No designated holder found where the chain could be followed; it breaks at 1 point","current":false,"observedAt":"2026-09-14T09:27:43.005Z","confirmedAt":"2026-09-16T13:31:47.450Z","supersededAt":"2026-09-16T14:45:13.454Z","company":{"id":"df5b003c-fd68-47e9-9d36-2d6b0c556782","name":"Fonds \"Aven Foundation\""},"previous":null,"next":{"id":"af28458c-1152-4508-8f13-95ca6d30ff39","value":"No designated holder found where the chain could be followed; it breaks at 1 point","observedAt":"2026-09-16T14:45:13.454Z","supersededAt":"2026-09-17T11:35:08.399Z"},"derivation":{"kind":"ownership_verdict","path":[],"test":"OFAC 50 percent rule","notes":["Natural-person holders are compared with designated persons by name only. A match is reported and never counted, because the registers publish no identifier that could confirm it."],"breaks":{"first":[{"share":null,"detail":"Latvia Enterprise Register (members) holds no shareholder rows for this company. Neither Baltic register publishes the shareholders of a joint-stock company, so this is not evidence that it has none.","reason":"no_holders_published","company":{"name":"Fonds \"Aven Foundation\"","number":"40008302411","countryId":"LV"},"holderName":null}],"total":1,"byReason":{"no_holders_published":1}},"effect":null,"inputs":{"lists":[{"readAt":"2026-09-13T14:47:39.470Z","source":"OFAC SDN","publishedAt":"2026-09-10T00:00:00.000Z","publishedAtBasis":"stated_in_file"}],"registers":[{"readAt":"2026-09-14T08:59:58.987Z","source":"Latvia Enterprise Register (members)","publishedAt":"2026-09-13T20:25:36.000Z","holdingsReadAt":null,"publishedAtBasis":"server_last_modified"}]},"caveats":["The rule speaks only to ownership. An entity controlled by a blocked person without being owned 50% or more is not blocked by it, though it may be designated in its own right.","1 party in this chain is listed under a regime whose ownership rule has not been verified here, and was not counted: Fonds \"Aven Foundation\" (Latvia FID frozen assets register)."],"outcome":"no_designated_holder_found","subject":{"number":"40008302411","entityId":"df5b003c-fd68-47e9-9d36-2d6b0c556782","countryId":"LV","entityName":"Fonds \"Aven Foundation\""},"holdings":{"total":0,"heldByCompanies":0,"notPublishedAsCompanies":0},"identity":"0addf3f8f197acf3a7324ee947a6940bae9e7732208f3850e37b1f629e760fe1","citations":[{"url":"https://ofac.treasury.gov/faqs/topic/1521","title":"OFAC, Frequently Asked Questions: Entities Owned by Blocked Persons (50% Rule)","where":"FAQ 398 (ownership, not control), FAQ 399 (50 percent or more in the aggregate; two blocked persons at 25% each block the entity), FAQ 401 (indirect ownership: an entity 50% owned by a blocked entity is blocked and its holdings count in full)"}],"ruleTable":{"fingerprint":"6354cf1089ca4c64b6f5b5edcf30e2402a1db672daa68a8b04f79a2c0e4ef5b8","signedOffOn":"2026-09-13","textsReadOn":"2026-09-13"},"statement":"No party listed under this regime was found on the part of the chain that could be followed. The chain breaks at 1 point, and past a break nothing is known.","threshold":"50% or more","computedAt":"2026-09-14T09:27:43.005Z","aggregation":"aggregated","chainComplete":false,"jointHoldings":"not_settled","listedParties":[{"hops":0,"company":{"name":"Fonds \"Aven Foundation\"","number":"40008302411","countryId":"LV"},"listings":[{"kind":"asset_freeze","test":null,"regime":"Latvia","status":"not_verified","program":"Līdzekļu iesaldēšana — Līdzekļi; kapitāldaļas; nekustamie īpašumi","entityId":"df5b003c-fd68-47e9-9d36-2d6b0c556782","entityName":"Fonds \"Aven Foundation\"","sourceName":"Latvia FID frozen assets register","designatedAt":null}]}],"controlAssessed":false,"designatedShare":{"sole":0,"includingJoint":0},"nearestDesignated":"The company is itself designated.","nameOnlyCandidates":0,"restsOnJointHolding":false,"naturalPersonHoldings":{"count":0,"masked":0,"directShareOfSubject":0}}}