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

Wednesday, 23 January 2019

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) 2019/93 (“the Amending Regulation”).

The Amending Regulation amends Annex XV to Council Regulation (EU) 2017/1509 with effect from 23 January 2019.

The following two individuals have been removed from the UK’s Consolidated List and are no longer subject to an asset freeze.

Deletion

CHU KYU-CHANG

DOB: 25/11/1928.

POB: South Hamgyo'ng Province, DPRK

a.k.a: (1) JU, Kyu, Chang (2) JU, Kyu- Chang

Position: Member of the National Defence Commission

Other Information: Annex XV EU Listing, not UN. Former Member of the National Defence Commission. Former Director of the Department of Munitions of the Central Committee of the Korean Workers' Party. Responsible for supporting or promoting the DPRK's nuclearrelated,

ballistic-missile-related or other weapons of mass destruction-related programmes.

Listed on: 30/12/2009: Last Updated: [15/09/2017] 23/01/2019 Group ID: 11029

KIM YONG-CHUN

DOB: 04/03/1935.

a.k.a: (1) KIM, Yong, Chun (2) YOUNG-CHUN

Passport Details: 554410660

Position:Korean People's Army Marshal Other Information: Annex XV. EU listing. Not UN. Former Deputy Chairman of the National Defence Commission. Minister for the People's Armed Forces. Special adviser to Kim Jong Il on nuclear strategy

Listed on: 30/12/2009 Last Updated: [15/09/2017] 23/01/2019 Group ID: 11033

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.

Issued By

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