Written Question·Treasury·UIN 103636
Freezing of Assets
Tabled: 6 January 2026
Answered: 14 January 2026
Question
Mr Will Forster
Liberal Democrat — Woking
To ask the Chancellor of the Exchequer, whether her Department plans to review the maintenance of sanctioned assets where deterioration may affect (a) public and (b) heritage value.
Answer
Lucy RigbyWhere a designated person (DP) owns or controls economic resources, such as property, those resources are subject to an asset freeze. Where appropriate, OFSI may issue either a general or specific licence on behalf of HM Treasury to permit activity that w...
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