Sanctions Database

To prohibit transfer or clearing of funds to or from the DPRK, except for transactions that fall within the scope of point (3) of Article (3) and have been authorised in accordance with point (4) of Article 13. The following transactions may be carried out, subject to the prior authorisation referred to in point (4) of Article 13: transactions regarding agricultural or humanitarian purposes; transactions regarding personal remittances; transactions regarding the execution of the exemptions provided for in this Decision; transactions in connection with a specific trade contract not prohibited under this Decision; transaction regarding a diplomatic or consular mission or an international organisation; transaction required exclusively for the implementation of projects for development purposes directly addressing the need of the civilian population or the promotion of denuclearisation; and transaction regarding payment to satisfy claims against the DPRK or DPRK persons or entities.

To prohibit finanical institutions from entering into, or continuing to participate in, any transactions with banks domiciled in the DPRK, branches or subsidiaries within or outside the jurisdiction of the Member States of banks domiciled in the DPRK, or financial entities that are not domiciled in the DPRK, that are within or outside the jurisdiction of the Member States and that are controlled by persons or entities domiciled in the DPRK, unless such transactions fall within the scope of point (3) of Article 13 and have been authorised in accordance with point (4) of Article 13.

To prohibit DPRK banks from establishing new joint ventures with, taking an ownership interest in, or establishing or maintaining correspondent banking relationships with banks under the jurisdiction of Member States. To close existing joint ventures, ownership interests and correspondent banking relationships with DPRK banks within 90 days of the adoption of UNSCR 2270.

To prohibit opening representative offices, subsidiaries, branches or banking accounts in the DPRK. To close exisiting representative offices, subsidiaries or banking accounts in the DPRK within 90 days of the adoption of UNSCR 2321. Except for representative offices, subsidiaries or accounts that are required for the delivery of humanitarian assistance, the activities of diplomatic missions in the DPRK, the activities of the UN or its specialised agencies or related organisations, or any other purposes in accordance with UNSC resolutions.

To prohibit the sale or purchase of, or brokering or assistance in the issuance of DPRK public or public-guaranteed bonds issued after 18 February 2013 to or from the Government of the DPRK, its public bodies, corporations and agencies, the Central Bank of the DPRK, or banks domiciled in the DPRK, or financial entities that are controlled by persons or entities domiciled in the DPRK, as well as any persons or entities acting on their behalf or at their direction, or entities owned or controlled by them.

Exemptions from asset freeze: Funds and economic sources which are necessary to satisfy basic needs, intended exclusively for the payment of reasonable professional fees or the reimbursement of incurred expenses associated with the provision of legal service, or intended exclusively for the payment of fees or service charges for the routine holding or maintenance of frozen funds and economic resources.

To inspect all cargo to and from the DPRK in the territory, or transiting through the territory, or cargo brokered or facilitated by the DPRK or DPRK nationals, or persons or entities acting on their behalf or at their direction, or entities owned or controlled by them, or by designated persons or entities listed in Annex I, or cargo that is being transported on DPRK-flagged aircraft or maritime vessels, for the purposes of ensuring that no items are transferred in violation of UNSC resolutions.

To inspect all cargo to and from the DPRK in the territory, or transiting through the territory, or cargo brokered or facilitated by the DPRK or DPRK nationals, or persons or entities acting on their behalf, if there are reasonable grounds to believe that the cargo contains prohibited items.

To inspect vessels, with the consent of the flag State, on the high seas if there are reasonable grounds to believe that the cargo of such vessels contains prohibted items. If the flag State does not consent to inspection, it shall direct the vessel to proceed to an appropriate and convenient port for the required inspection by the local authorities.

To cooperate, in accordance with the national legislation, with inspections.

To require additional information from aircraft and vessels transporting cargo to and from the DPRK for all goods brought into or out of a Member States.

To take the necessary measures to seize and dispose of prohibited items that are identified in inspections.

To deny entry into ports of any vessel that has refused to allow an inspection. Except where entry is required for the purpose of an inspection, or in the case of an emergency or in the case of return to the vessel's port of origin.

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

To deny permission to land in, take off from or overfly the territory to any aircraft, operated by DPRK carriers or originating from the DPRK. Except in the case of an emergency landing, under the condition of landing for inspection. Except for the entry that is determined to be required for humanitarian purposes or any other purposes consistent with the objectives of this Decision.

To prohibit the entry into the ports of any vessel that is owned, operated, crewed or flagged by the DPRK. Except in the case of an emergency, in the case of return to the vessel's port of origination, where entry is required for the purpose of inspection or if such entry is determined to be required for humanitarian purposes or any other purposes consistent with the objectives of this Decision.

To prohibit the entry into the ports of any vessel if there are reasonable grounds to believe that the vessel is owned or controlled by a designated person or entity listed in Annex I, II, III or V, or contains prohibited cargo. Except in the case of an emergency, in the case of return to the vessel's port of origination, where entry is required for the purpose of inspection or if such entry is determined to be required for humanitarian purposes or any other purposes consistent with the objectives of UNSCR 2270 or this Decision.

To direct the designated vessel to a port identified by the Sanctions Committee. To immediately deregister the designated vessel. To prohibit entry into the ports of a vessel, except in case of emergency or in case of return to its port of origination, or unless such entry is determined to be required for humanitarian purposes or any other purposes consistent with the objectives of UNSC resolutions. To make a designated vessel subject to an asset freeze.

To seize, inspect and impound any vessel in the ports where there are reasonable grounds to believe that the vessel has been involved in activities, or the transport of items, prohibited by the relevant UNSC resolutions. The provisions above shall cease to apply six months after the date on which such a vessel was impounded if the Sanctions Committee decides on a case-by-case basis, and upon the request of a flag State, that adequate arrangements have been made to prevent the vessel from contributing to future violations of the UNSC resolutions.

To deregister any vessels where there are reasonable grounds to believe that the vessel has been involved in activities, or the transport of items, prohibited by the relevant UNSC resolutions.