; (C) that has a subsidiary or parent organization that— (i) has its headquarters or principal place of business in a country of concern; or (ii) is organized under the laws of, or otherwise subject to the jurisdiction of, a country of concern; or (D) that the Secretary of the Treasury considers to have an interest in property or interests in property of an entity in which not less than 25 percent of the ownership interest is held, in the aggregate, directly or indirectly, by not less than 1 entity included on a sanctions list. (5) Direct investment The term direct investment has the meaning given that term in section 3 of the International Investment and Trade in Services Survey Act ( 22 U.S.C. 3102 ). (6) Offshore financial center The term offshore financial center means any country, special administrative region, territory, or jurisdiction outside the United States that acts as an intermediary for investments originating in the United States and destined for countries of concern, through which, on an annual basis— (A) more than $100,000,000 in direct investments in countries of concern or covered entities are made; or (B) more than $500,000,000 in portfolio investments in countries of concern or covered entities are made. (7) Portfolio investment The term portfolio investment has the meaning given that term in section 3 of the International Investment and Trade in Services Survey Act ( 22 U.S.C. 3102 ). (8) Sanctions list The term sanctions list means— (A) the Entity List maintained by the Bureau of Industry and Security of the Department of Commerce and set forth in Supplement No. 4 to part 744 of title 15, Code of Federal Regulations; (B) the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury (commonly known as the SDN list )