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<p>Her Majesty’s Treasury (HMT) is not responsible for the freezing of assets, neither
does it hold them. The Office of Financial Sanctions Implementation (OFSI), which
is part of HMT, ensures that financial sanctions are properly understood and implemented
in the UK and it is for holders of assets subject to sanctions to ensure that they
are frozen under the regulations.</p><p> </p><p>(1) OFSI undertakes an Annual Review
of frozen assets in the UK, requiring all persons or institutions that hold or control
frozen assets in the UK to report to OFSI. Details of assets reported to OFSI for
the 2018 Review are still being compiled and are not yet available.</p><p> </p><p>(2)
HM Treasury does not hold this information.</p>
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