Ownership test · OFAC 50 percent rule
No designated company found in the chain; the people in it are compared by name only
About Sabiedrība ar ierobežotu atbildību "ĶĪPSALA-ZUNDS", assessed under LV number 50003125761.
First said on 18 Sept 2026, last confirmed on 24 Oct 2026. It is the current verdict under this rule. A daily run that reaches the same verdict on the same holdings, listings and breaks confirms it. When anything it rests on changes, a new verdict begins at a new address.
- Before it, from 17 Sept 2026 to 18 Sept 2026: “No designated company found in the chain; the people in it are compared by name only”
The words can stay the same across two verdicts: a verdict is replaced when a holding, a listing, a break or the signed rule table changes, even where its words do not.
What it says
No company listed under this regime holds any share of the company, anywhere in the chain the registers state. Natural persons hold 3 holdings in the chain. The registers publish no identifier that confirms who they are, so they were compared with designated persons by name only, and a name written differently in a register and on a list is not found.
- Designated share
- None found
- Threshold
- 50% or more
- Chain
- Followed to its end
- Nearest designated party
- No designated company appears anywhere in the chain the registers state. Natural persons in the chain were compared with designated persons by name only.Found across every list on file, not only those this rule counts.
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.
The chain
Holdings the result passes through
None: no holding carries a designated party's share down to the company.
Holdings read
4 holdings were read in the chain: 1 held by a company and 3 by holders not published as a company. Natural persons hold 3 of them. A verdict never keeps a person's name: a person appears in it as a holding of a stated share.
Listed parties in the chain
No company in the part of the chain that was followed carries a live listing.
Where the chain breaks
Nowhere: the chain was followed to its end.
What it rested on
Lists this rule reads
OFAC SDN
Read on 13 Sept 2026; dated 10 Sept 2026 by the publisher.
Shareholder registers
Latvia Enterprise Register (members)
File read on 14 Sept 2026; last modified 14 Sept 2026, by the publisher's server. The holdings used were read on 14 Sept 2026.
The rule
- Test
- OFAC 50 percent rule
- Threshold
- 50% or more
- Several designated owners
- Added together: the shares of different designated parties count as one.
- A jointly held share
- The texts read do not settle it, so a result that rests on one goes to a reviewer.
- Control
- Not assessed. A shareholder register shows shares, not board seats or agreements.
- Signed off
- On 17 Sept 2026, from texts read on 13 Sept 2026.
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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.
Texts the rule rests on
- OFAC, Frequently Asked Questions: Entities Owned by Blocked Persons (50% Rule)
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)
This record
- Address
- This page's address does not change, and the verdict at it is never rewritten. The same record as JSON.
- Computed
- 18 Sept 2026
- Identity
c2046a23b31a8362a22038065e7b8111f937286f4b10b3ad3fb455683fe20948A hash of what the verdict rests on. Each run compares it to decide whether the verdict still stands.