By Maya Lester KC & Michael O’Kane

OFAC lists Russian financial institution for supporting DPRK sanctions evasion

OFAC has announced the designation of the Russian Financial Society pursuant to Executive Order (E.O.) 13382 for having provided financial services to US and UN-designated Dandong Zhongsheng Industry & Trade, North Korea’s primary foreign exchange bank, and to a chief representative of Korea Zinc Industrial Group. In 2017 and 2018, the Russian Financial Society “opened multiple bank accounts for Dandong…...

This content is for subscribers only

To continue reading please login or subscribe.

RussiaRussia United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact
Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

See profile for Michael O'Kane >

Share this page on: