Monday 3 August 2020 | About Us | Contact Us | Register for free email alerts Subscribe for full access Login
Sanctions Profile: North Korea
At a glance
UN sanctions were first imposed on North Korea in October 2006, pursuant to UN Security Council Resolution 1718, in response to its nuclear weapon and ballistic missile tests. Between 2006 and 2016, the sanctions consisted of an arms embargo, a prohibition on exports to and imports from North Korea of nuclear- and ballistic missile-related items, and targeted asset freezes and travel bans on people and entities identified as being involved in or providing support for North Korea’s nuclear or ballistic missile programmes.
News
EU imposes first sanctions under cyber-attack regime
The EU has imposed sanctions (asset freeze and travel ban) on 6 people and 3 entities for their involvement in the “Wannacry”, “NotPetra”, “Operation Cloud Hopper” cyber-attacks, and attempted attack on the Organisation for the Prohibition of Chemical Weapons (OPCW). These are the first designations under the EU’s cyber sanctions regime. Those listed are said to be responsible for or …
North Korea
China
Russia
EU renews autonomous sanctions against North Korea
The EU has renewed its autonomous sanctions against North Korea for 1 year. 57 people and 9 entities will continue to be subject to EU-wide asset freezing measures and a travel ban for “contributing to the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes or for sanctions evasion”. The relevant UNSC Resolutions designating a further 80 people and 75 …
N Korea said to be breaching UN sanctions in complaint by 43 states
It has been reported that 43 states have filed a complaint with the UN Security Council North Korea Sanctions Monitoring Committee accusing N Korea of violating UN sanctions by importing 1.6m barrels of refined petroleum between January and May 2020. UN sanctions restrict these exports to 500,000 barrels per year. The complaint requests that the Committee make a determination that …
US seeks forfeiture of $2.37m relating to DPRK sanctions violations
A forfeiture complaint has been filed in the US District Court for the District of Columbia alleging that $2,372,793 from 4 companies is subject to forfeiture based on violations of N Korea sanctions. The complaint alleges that the 4 companies were used by North Korean banks to launder funds, and gain access to the US financial system, in contravention of …
OFAC reaches $665k settlement with UAE company
OFAC has announced that UAE-based Essentra FZE Company has agreed to pay $665,112 to settle civil liability for 3 violations of the North Korea Sanctions Regulations, 31 CFR part 510 (NKSR). Settlement Agreement and Web Notice. Between September and December 2018, Essentra exported cigarette filters to North Korea through a network of front companies in China and other countries. Essentra …
Current Sanctions
Consolidated
Council Regulation (EU) 2017/1509
Parent Regulation
Council Regulation (EU) 2017/1509
Amended by:
Council Regulation (EU) 2017/1548
Council Implementing Regulation (EU) 2017/1568
Council Regulation (EU) 2017/1836
Council Regulation (EU) 2017/1858
Council Implementing Regulation (EU) 2017/1859
Council Implementing Regulation (EU) 2017/1897
Council Regulation (EU) 2017/2062
Council Implementing Regulation (EU) 2018/12
Council Implementing Regulation (EU) 2018/53
Council Implementing Regulation (EU) 2018/87
Council Regulation (EU) 2018/285
Council Implementing Regulation (EU) 2018/324
Council Implementing Regulation (EU) 2018/548
Council Implementing Regulation (EU) 2018/602
Council Implementing Regulation (EU) 2018/714
Council Implementing Regulation (EU) 2018/814
Council Implementing Regulation (EU) 2018/1009
Council Implementing Regulation (EU) 2018/1074
Council Implementing Regulation (EU) 2018/1231
Council Implementing Regulation (EU) 2018/1284
Council Implementing Regulation (EU) 2018/1606
Council Implementing Regulation (EU) 2018/1654
Council Implementing Regulation (EU) 2019/93
Commission Implementing Regulation (EU) 2019/1083
Council Implementing Regulation (EU) 2020/1129
Consolidated
Council Decision (CFSP) 2016/849
Parent Decision
Council Decision (CFSP) 2016/849
Amended by: