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...

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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