Written Question·Treasury·UIN 103636

Freezing of Assets

Tabled: 6 January 2026
Answered: 14 January 2026

Question

Mr Will Forster

Liberal DemocratWoking

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 Rigby
Where 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...

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 103636) →