The Democratic People's Republic of Korea (European Union Financial Sanctions) Regulations 2017 (revoked)

1Citation, commencement and application

2Interpretation

PART 2Funds and Economic Resources

3Freezing of funds and economic resources

4Making funds available to a designated person

5Making funds available for the benefit of a designated person

6Making economic resources available to a designated person

7Making economic resources available for the benefit of a designated person

8Funds and economic resources: Government of Democratic People's Republic of Korea and Worker's Party of Korea

8APersons listed in Annex XVII of the Council Regulation, the Foreign Trade Bank and the Korean National Insurance Company

9Credits to a frozen account

PART 3Restrictions on Financial Services and Markets

10Credit and financial institutions: accounts and correspondent banking relationships

11Credit and financial institutions: representative offices etc

12Acquisition or extension of ownership interest

13Sale or purchase of bonds

14DPRK credit and financial institutions: branches, subsidiaries, and representative offices

15Severance of existing financial relationships

16Business directly or indirectly with designated persons

17Financial support for trade

18Investment and commercial activities

19Transfers of funds

20Authorisations

21Bank accounts for diplomats and diplomatic missions of the Democratic People's Republic of Korea

22Real property

24Contravention and circumvention of prohibitions

25Officers of a body corporate etc.

28Consent to prosecution

PART 6Miscellaneous

29Information provisions

SCHEDULEInformation Provisions

1Reporting obligations of relevant institutions and others

2Powers to request information

3Production of documents

4Failure to comply with request for information

5General power to disclose information

6Application of provisions

2017 No. 218

Criminal Law

The Democratic People's Republic of Korea (European Union Financial Sanctions) Regulations 2017 (revoked)F1

Madeat 1.30 p.m. on 28th February 2017

Laid before Parliamentat 5.00 p.m. on 28th February 2017

Coming into force1st March 2017

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations:

Amendments (Textual)

F1

Regulations revoked (31.12.2020) by The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/411), regs. 1(2), 130(3); S.I. 2019/627, reg. 7(2)2020 c. 1, Sch. 5 para. 1(1)