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Ownership test · OFAC 50 percent rule

Designated itself, so blocked

DesignatedReplaced

About ELMEC TRADE OU, assessed under EE number 14291975.

First said on 16 Sept 2026, and replaced on 17 Sept 2026. 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.

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

The company is itself listed under this regime, and blocked as a listed party rather than through its owners.

Designated share
Listed itself
Threshold
50% or more
Effect
Blocked
Chain
Breaks at 1 point
Nearest designated party
The company is itself designated.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: the company is listed itself, so the verdict does not pass through any holding.

Holdings read

The registers read state no holdings for the chain.

Listed parties in the chain

  • ELMEC TRADE OU (EE 14291975) the company itself

    • CountedOFAC SDN

      Asset freeze under OFAC, RUSSIA-EO14024

      Listed as ELMEC TRADE OU

      Counted under this rule.

    • Not countedUS Consolidated Screening List

      Export control under US CSL (EL), Entity List (EL) - Bureau of Industry and Security

      Listed on 6 Oct 2023 as ELMEC TRADE OU

      Not counted: this regime's ownership rule has not been read here.

Where the chain breaks

The chain could not be followed past 1 point, and past a break nothing is known. This verdict does not rest on the chain, because the company is listed itself; the breaks are kept with it all the same.

  • No holders published: 1

  • No holders published at the company itself

    Estonia e-Business Register (shareholders) 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.

What it rested on

Lists this rule reads

  • OFAC SDN

    Read on 13 Sept 2026; dated 10 Sept 2026 by the publisher.

Shareholder registers

  • Estonia e-Business Register (shareholders)

    File read on 14 Sept 2026; last modified 13 Sept 2026, by the publisher's server. None of its holdings were used.

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 15 Sept 2026, from texts read on 13 Sept 2026.8826482c6e3d3ac72d2b2edf419a0b09ba86883deafffb9cccd0a38fcf649b4c

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: ELMEC TRADE OU (US Consolidated Screening List).

Texts the rule rests on

This record

Address
This page's address does not change, and the verdict at it is never rewritten. The same record as JSON.
Computed
16 Sept 2026
Evidence file
The company's file for 16 Sept 2026, the day this was first said
Identity
a50f9ad3735171ec5fcc3cef74250720e36a3a56b28c6574fec2e96ee93bf720A hash of what the verdict rests on. Each run compares it to decide whether the verdict still stands.