Sanctions Database

To apply the measures of asset freeze specified in paragraph 8(d) of UNSC resolution 1718 to the individuals and entities listed in Annex I and II of this resolution and to any individuals or entities acting on their behalf or at their direction, and to entities owned or controlled by them.

To prohibit the supply, sale, or transfer of all condensates and natural gas liquids to the DPRK. To prohibit the DPRK from procuring such materials.

To prohibit vessels that have been identified by the Committee as engaging in activities violating UNSC resolutions from calling at ports, unless it is an emergency or returning to its port of origination. To prohibit Chinese citizens and enterprises from owning, leasing or operating DPRK-flagged vessels.

To prohibit establishing, maintaining or operating a joint venture or a cooperative entity with any person, entity or body referred to in Article 17(1) or domiciled in the DPRK. To prohibit taking, maintaining or extending an ownership interest, including by acquisition in full or the acquisition of shares and other securities of a participatory nature in any legal person, entity or body that is referred to in Article 17(1) or is domiciled in the DPRK, or in activities or assets in the DPRK. By way of derogation, such activities, in particular those regarding joint ventures or cooperative entities that are non-commercial, public utility infrastructure projects not generating profit, can be authorised. By way of derogation, and in insofar as they do not relate to joint ventures or cooperative entities, such activities can be authorised, provided that those activities are determined to be exclusively for humanitarian purposes, and are not in the sectors of mining, refining, chemical, metallurgy or the metalworking, aerospace or conventional arms-related industries.

To prohibit authorising the opening of a representative office or the establishment of a branch or subsidiary in the Union of a credit or financial institution referred to in Article 21(2).

To prohibit acquiring or extending a participation, or acquiring any other ownership interest, in a credit or financial institution falling within the scope of Article 1 by any credit or financial institution referred to in Article 21(2).

To close any account with a credit or financial institution referred to in Article 21(2). To terminate any correspondent banking relationship with a credit or financial institution referred to in Article 21(2). To close representative offices, branches, and subsidiaries in the DPRK. To terminate joint ventures with a credit or financial institution referred to in Article 21(2). To relinquish any ownership interest in a credit or financial institution referred to in Article 21(2). By way of derogation from points (a) and (c) of Article 26, certain representative offices, subsidiaries or accounts can be authorised to remain operational, provided that such offices, subsidiaries or accounts are determined to be required for the delivery of humanitarian activities or the activities of diplomatic missions in the DPRK or the activities of the UN or its specialised agencies or related organisations or any other purpose consistent with the objectives of UNSC resolutions.

To prohibit opening an account for DPRK diplomatic missions or consular posts, and their DPRK members. By way of derogation, the opening of one account per mission, post and member can be authorised, provided that the mission or post is hosted in that Member State or the member of the mission or post is accredited to that Member State. To close any account held or controlled by a DPRK diplomatic mission or consular post, and their DPRK members. By way of derogation, an account can be authorised to remain open, provided that the Member State has determined that the mission or post is hosted in that Member State or the member of that mission or post is accredited to that Member State, and does not hold any other account within that Member State.

To prohibit operating or facilitating the operation of a representative office, branch or subsidiary of a credit or financial institution referred to in Article 21(2).

To prohibit importing, purchasing or transferring earth and stone, including magnesite and magnesia, listed in Annex XIi from the DPRK. By way of derogation, the import, purchase or transfer of such items can be authorised by no later than 21 January 2018 provided that the import, purchase or transfer is due under a written contract that entered into force prior to 22 December 2017.

To prohibit credit and financial institutions from opening an account with, establishing a correspondent banking relationship with, establishing a joint venture with or taking an ownership interest in a credit or financial institution referred to in Article 21(2). To prohibit credit and financial institutions from opening representative offices in the DPRK, or establishing a new branch or subsidiary, in the DPRK.

To prohibit trading in public or public-guaranteed bonds issued after 19 February 2013 with: the DPRK or the DPRK government, and its public bodies, corporations and agencies; the Central Bank of the DPRK; any credit or financial institution referred to in Article 21(2); a person, entity or body acting on behalf or at the direction of a legal person, entity or body referred to in point (i) or (ii); a legal person, entity or body owned or controlled by a person, entity or body referred to in point (i), (ii) or (iii); To prohibit providing brokering services with regard to public or public-guaranteed bonds issued after 19 February 2013 to a person, entity or body referred to in point (a). To prohibit assisting a person, entity or body referred to in point (a) in order to issue public or public-guaranteed bonds, by providing brokering services, advertising or any other service with regard to such bonds.

To prohibit facilitating or engaging in ship-to-ship transfers to or from any DPRK flagged vessel of any goods or items that are being sold, supplied, transferred or exported to or from the DPRK.

To prohibit selling, supplying, transferring or exporting aviation fuel as listed in Annex III to the DPRK or transporting to DPRK aviation fuel on board the flag vessels or aircraft of Member States. Except with respect to the sale or supply of aviation fuel to civilian passenger aircraft outside the DPRK exclusively for consumption during their flight to the DPRK and their return to the airport of origin. By way of derogation, the sale, supply or transfer of aviation fuel can be authorised, provided that the Member State has obtained the advance approval for the transfer to the DPRK of such products for verified essential humanitarian needs and subject to specified arrangements for effective monitoring of delivery and use.

To prohibit importing, purchasing or transferring machinery and electrical equipment listed in Annex XIh from the DPRK. By way of derogation, the import, purchase or transfer of such items can be authorised by no later than 21 January 2018 provided that the import, purchase or transfer is due under a written contract that entered into force prior to 22 December 2017.

To prohibit importing, purchasing or transferring wood listed in Annex XIj from the DPRK. By way of derogation, the import, purchase or transfer of such items can be authorised by no later than 21 January 2018 provided that the import, purchase or transfer is due under a written contract that entered into force prior to 22 December 2017.

To prohibit selling, supplying, transferring or exporting the goods and technology, including software, listed in Annex II, to the DPRK.

By way of derogation from the prohibitions in Article 21(1) and (2), the transactions mentioned in points (a) to (e) of Article 21(4) with a value above EUR 15 000 or equivalent and mentioned in Article 21(5) with a value above EUR 5 000 or equivalent can be authorised. By way of derogation from the prohibitions in Article 21(1) and (2), transactions regarding payments to satisfy claims against the DPRK, its nationals or legal persons, entities or bodies incorporated or constituted under the law of the DPRK, and transactions of a similar nature that do not contribute to activities prohibited by this Regulation can be authorised.

To apply customer due diligence measures established pursuant to Articles 13 and 14 of Directive (EU) 2015/849 of the European Parliament and of the Council. To ensure compliance with anti-money-laundering and counter-terrorist-financing procedures established pursuant to Directive (EU) 2015/849 and Regulation (EU) 2015/847 of the European Parliament and of the Council. To require that information on payers as well as information on payees accompanying transfers of funds is provided as required by Regulation (EU) 2015/847 and refuse to process the transaction if any of this information is missing or incomplete; To maintain records of the transactions in accordance with point (b) of Article 40 of Directive (EU) 2015/849. Where there are reasonable grounds to suspect that funds could contribute to the DPRK's nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes or activities (‘proliferation financing’), to promptly notify the competent Financial Intelligence Unit (FIU) as defined by Directive (EU) 2015/849, or any other competent authority designated by the Member State concerned, without prejudice to Article 7(1) or Article 33 of this Regulation. To promptly report any suspicious transactions, including attempted transactions. To refrain from carrying out transactions which they reasonably suspect could be related to proliferation financing until they have completed the necessary action in accordance with point (e) and have complied with any instructions from the relevant FIU or competent authority.

To prohibit any person that is owned or controlled by a US financial institution and established or maintained outside the US from knowingly engaging in any transaction with the DPRK government or any designated person for the imposition of sanctions described in § 510.201(a)(3)(vii) through (ix) and under an applicable Executive order or an applicable UNSC resolution.