Where the financial sanction is an asset freeze, it doesn’t involve which of the following:

Where the financial sanction is an asset freeze, it doesn’t involve which of the following:
A . There is no change in ownership of the frozen funds or economic resources
B. The frozen funds or economic resources are confiscated or transferred to OFSI for safekeeping
C. There is a change in ownership of the frozen funds or economic resources
D. The frozen funds or economic resources are not confiscated or transferred to OFSI for safekeeping

View Answer

Answer: C

Explanation:

An asset freeze does not involve a change in ownership of the frozen funds or economic resources, nor are they confiscated or transferred to OFSI for safekeeping.