No designated company found in the chain; the people in it are compared by name only

It replaced “No designated company found in the chain; the people in it are compared by name only” because a list changed. The answer did not move; what it rests on did. Nobody was told: only a moved answer that a list or a holding moved is news.

• Listed now: SIA FALCON INTERNATIONAL GROUP on Taiwan SHTC export entity list (Taiwan International Trade Administration, Strategic high-tech commodities entity list)

No company listed under this regime holds any share of the company, anywhere in the chain the registers state. Natural persons hold one holding in the chain, including 100% of the company directly. 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

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.

Holdings the result passes through

None: no holding carries a designated party's share down to the company.

Holdings read

1 holding was read in the chain, and its holder is not published as a company. Natural persons hold 1 of them, including 100% of the company directly. 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

• SIA FALCON INTERNATIONAL GROUP (LV 45403041088) the company itself

  • Not countedOFAC SDN

    Asset freeze under OFAC, DPRK

    Listed as SIA FALCON INTERNATIONAL GROUP

    Not counted here: this list is read under the OFAC 50 percent rule rule.

  • Not countedTaiwan SHTC export entity list

    Export control under Taiwan International Trade Administration, Strategic high-tech commodities entity list

    Listed as SIA FALCON INTERNATIONAL GROUP

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

Lists this rule reads

• Canada Consolidated Autonomous Sanctions List

  Read on 22 Sept 2026.

Shareholder registers

• Latvia Enterprise Register (members)

  File read on 26 Sept 2026; last modified 25 Sept 2026, by the publisher's server. The holdings used were read on 26 Sept 2026.

Test

Canadian deemed ownership

Threshold

50% or more

Several designated owners

The texts read do not say. Each party is taken alone, and a result reached only by adding them goes to a reviewer.

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.f3d899fc1d224a36dbf3880253f4312f1c7fcc70e367d56af13ffb8b20bd8c88

Caveats

• The company is not listed itself. The Act deems what a company controlled by a listed person owns to be owned by that person, so dealing in the company's property is dealing in the listed person's.
• The Act speaks of a person holding 50% or more. Neither the Act nor the guidance of Global Affairs Canada says whether the holdings of different listed persons are added together, so a result reached only by adding them goes to a reviewer.
• Global Affairs Canada's guidance, which it says is general information and not legal advice, reads control widely: considerable influence over a company's strategic decisions is enough, and in one of its scenarios so is a listed person on the board of a company's owner.
• The Act counts holdings held directly or indirectly, and deems what a controlled company owns, its own holdings included, to be the listed person's in full.
• Control without the threshold stake is part of this test and cannot be read from a shareholder register, so an outcome short of the threshold does not mean the company is not controlled.
• 1 party in this chain is listed under a regime whose ownership rule has not been verified here, and was not counted: SIA FALCON INTERNATIONAL GROUP (Taiwan SHTC export entity list).
• 1 holder shares a name with a designated party. A name alone is not counted. The birth date the register publishes agrees with the designated person's for that holder (to the month). A birth date is not counted either.

Texts the rule rests on

• Special Economic Measures Act, S.C. 1992, c. 17, section 2.1 (added by S.C. 2023, c. 26, s. 253)

  Subsection 2.1(1): property owned, or held or controlled directly or indirectly, by an entity a person controls is deemed to be owned by that person. Subsection 2.1(2): the person controls the entity if (a) it holds, directly or indirectly, 50% or more of the shares or ownership interests or of the voting rights, (b) it can change the composition or powers of the board, or (c) it can direct the entity's activities by any means

• Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law), S.C. 2017, c. 21, section 2.01

  The same deeming provision and criteria, for a foreign national listed under that Act

• Global Affairs Canada, Canadian sanctions: Frequently asked questions (modified 2026-08-14), and Canadian sanctions: Essential information (modified 2026-07-17)

  "Can I deal with the subsidiaries of a designated company?": the three criteria, a majority-owned subsidiary, and a subsidiary over whose strategic decision-making the parent has considerable influence; Essential information, scenario 3 (a listed person on the board of the buyer's owner)

• The Canadian regulations in CANADA_REGULATIONS_APPLIED, as consolidated on Justice Laws

  The dealings ban of each, which forbids dealing in property a listed person owns, holds or controls

Address

This page's address does not change, and the verdict at it is never rewritten. The same record as JSON.

Computed

27 Sept 2026

Evidence file

The company's file for 27 Sept 2026, the day this was first said

Identity

29fb505d258357a0dc5f0f34f4a153c5a331331ccbbd78eddb3c3ff80a55f229A hash of what the verdict rests on. Each run compares it to decide whether the verdict still stands.