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Financial Sanctions: Democratic People’s Republic of Korea (North Korea)

Wednesday, 1 August 2018

This news release is issued in respect of the restrictive measures directed against the Democratic People's Republic of Korea.

Council Regulation (EU) 2017/1509 has been amended following the publication in the Official Journal of the European Union of Council Implementing Regulation (EU) No 2018/1074 (“the Amending Regulation”).

The Amending Regulation amended Annexes XV and XVI to Council Regulation (EU) 2017/1509 with effect from 31 July 2018.

Amendment

Deleted information is in square brackets. Additional information is in italics.

Individuals

HYON Chol-Hae

DOB: --/--/1934.

POB: Manchuria, China

a.k.a: HYON, Chol, Hae

Position: Deputy Director of the General Political Department of the Korean People's Armed Forces (military adviser to Kim Jong Il) Korean People's Army Marshal since April 2016.

Other Information: Annex XV EU Listing not UN. Korean People's Army Marshal since April 2016. Former Deputy Director of the General Political Department of the Korean People's Army (military adviser to late Kim Jong Il)

Listed on: 30/12/2009 Last Updated: [15/09/2017] 31/07/2018 Group ID: 11030

PAK Jae-gyong

DOB: --/--/1933.

a.k.a: (1) CHAE-KYONG (2) PAK, Jae, Gyong

Passport Details: 554410661

Position: Deputy Director of the General Political Department of the People's Armed Forces and Deputy Director of the Logistics Bureau of the People's Armed Forces (military adviser to Kim Jong Il)

Other Information: Annex XV. EU listing. Not UN. Former Deputy Director of the General Political Department of the People's Armed Forces and former Deputy Director of the Logistics Bureau of the People's Armed Forces (military adviser to late Kim Jong Il)

Listed on: 30/12/2009 Last Updated: [15/09/2017] 31/07/2018 Group ID: 11036

KIM Jong-gak

Title: Vice Marshal

DOB: 20/07/1941.

POB: Pyongyang, DPR

a.k.a: KIM, Jong, Gak

Position: Vice Marshal in the army of the DPRK Korean People’s Army, rector of the Military University of Kim Il-Sung.

Other Information: Annex XV EU Listing not UN. Former Director of the General Political Department of the Korean People’s Army. Former Member of the Central Military Commission of the Workers Party of Korea. Responsible for supporting or promoting the DPRK's nuclear-related, ballistic-missile-related or other weapons of mass destruction related programmes.

Listed on: 20/05/2016 Last Updated: [15/09/2017] 31/07/2018 Group ID: 13364.

KIM Won-hong

Title: General

DOB: 07/01/1945.

POB: Pyongyang, DPRK

a.k.a: KIM, Won, Hong

Passport Details: No: 745310010

Position: General Director of the State Security Department, Minister of State Security First Deputy Director of the General Political Department of the Korean People’s Army.

Other Information: Annex XV. EU Listing, Not UN. Former Director of the State Security Department, former Minister of State Security. Member of the Central Military Commission of the Workers Party of Korea & National Defence Commission. Responsible for supporting or promoting the DPRK's nuclear-related, ballistic-missile-related or other weapons of mass destruction-related-programmes.

Listed on: 20/05/2016 Last Updated: [15/09/2017] 31/07/2018 Group ID: 13366.

SON Chol-ju

Title: Colonel General

a.k.a: SON, Chol, Ju

Position: Colonel General of the Korean People's Armed Forces, Deputy Director responsible for organisation of the Korean People’s Army. & Political Director of the Air & Anti-air Forces.

Other Information: Annex XV EU Listing, Not UN. Former Political Director of the Air & Anti-air Forces. Responsible for supporting or promoting the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.

Listed on: 20/05/2016 Last Updated: 15/09/2017 31/07/2018 Group ID: 13368.

DJANG Tcheul Hy

DOB: 11/05/1950.

POB: Kangwon

a.k.a. (1) JANG, Tcheul-hy (2) JANG, Cheul-hy (3) JANG, Chol-hy (4) DJANG, Cheul-hy (5) DJANG, Chol-hy (6) DJANG, Tchoul-hy (7) KIM, Tcheul-hy

Other Information: Annex XV. EU listing. Not UN. DJANG Tcheul Hy has been involved together with her husband KIM Yong Nam, her son KIM Su Gwang and her daughter-in-law KIM Kyong Hui in a pattern of deceptive financial practices which could contribute to the DPRK's nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. She was the owner of several bank accounts in the Union which were opened by her son KIM Su Gwang in her name. She was also involved in several bank transfers from accounts from her daughter-in-law KIM Kyong Hui to bank accounts outside the Union.

Listed on: 20/04/2018 Last Updated: [20/04/2018] 31/07/2018 Group ID: 13663.

KIM Su Gwang

DOB: 18/08/1976.

POB: Pyongyang, DPRK

a.k.a: (1) KIM, Son-Kwang (2) KIM, Sou-Gwang (3) KIM, Soukwang (4) KIM, Sou-Kwang (5) KIM, Su-Kwang (6) KIM, Su-gwang (7) KIM, Son-gwang

Position: Diplomat, DPRK Embassy, Belarus

Other Information: Annex XV. EU listing. Not UN. KIM Su Gwang has been identified by the Panel of Experts as an agent of the Reconnaissance General Bureau, an entity which has been designated by the United Nations. He and his father KIM Yong Nam have been identified by the Panel of Experts as engaging in a pattern of deceptive financial practices which could contribute to the DPRK's nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. KIM Su Gwang has opened multiple bank accounts in several Member States, including under family members' names. He has been involved in various large bank transfers to bank accounts in the Union or to accounts outside the Union while working as a diplomat, including to accounts in the name of his spouse KIM Kyong Hui.

Listed on: 20/04/2018 Last Updated: [20/04/2018] 31/07/2018 Group ID: 13664.

JON Chol Young

DOB: 30/04/1975.

a.k.a. JON, Chol, Yong

Passport Details: Passport Number. 563410192

Position: Diplomat DPRK Embassy Angola

Other Information: Annex XVI EU Listing not UN. Representative in Angola of Green Pine Associated Corporation and DPRK diplomat accredited to Angola.

Listed on: 22/01/2018 Last Updated: [23/01/2018] 31/07/2018 Group ID: 13589.

Financial institutions and other persons are requested to check whether they maintain any accounts or otherwise hold funds or economic resources for, or provide financial services to, the designated individuals . If so, they must freeze such accounts or other funds and, unless licensed by the Treasury, refrain from dealing with said funds or economic resources, and suspend the provision of any financial services. They must also report their findings to the FIU. Where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for the designated individuals they are not required to report these details again.

Failure to comply with financial sanctions legislation or to seek to circumvent its provisions is a criminal offence.

Further details of the sanctions regime related to the Democratic People’s Republic of Korea  and links to the Consolidated List of individuals and entities subject to these and other financial sanctions may be found on the Customs and Excise pages of the Isle of Man Government website.

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