August 7, 2017: SECO makes North Korean sanctions changes

Yesterday, Swiss officials added the following persons: 

 

SSID: 150-36936 Name: Choe Chun Yong
Sex: M Good quality a.k.a.: Ch’oe Ch’unyo’ng Nationality: DPR Korea Identification document: Passport No. 654410078, DPR Korea
Justification: Representative for Ilsim International Bank, which is affiliated with the DPRK military and has a close relationship with the Korea Kwangson Banking Corporation. Ilsim International Bank has attempted to evade United Nations sanctions. Modifications: Listed on 5 Aug 2017

SSID: 150-36943 Name: Han Jang Su
Sex: M DOB: 8 Nov 1969 POB: Pyongyang, DPR Korea Good quality a.k.a.: Chang-Su Han Nationality: DPR Korea Identification document: Passport No. 745420176, DPR Korea, Expiry date: 19 Oct 2020
Justification: Chief Representative of the Foreign Trade Bank Modifications: Listed on 5 Aug 2017

SSID: 150-36953 Name: Jang Song Chol
DOB: 12 Mar 1967 Nationality: DPR Korea
Justification: Jang Song Chol is a Korea Mining Development Corporation (KOMID) representative overseas. Modifications: Listed on 5 Aug 2017

SSID: 150-36959 Name: Jang Sung Nam
Sex: M DOB: 14 Jul 1970 Nationality: DPR Korea Identification document: Passport No. 563120368, DPR Korea, Date of issue: 22 Mar 2013, Expiry date: 22 Mar 2018 Justification: Chief of an overseas Tangun Trading Corporation branch, which is primarily responsible for the procurement of commodities and technologies to support the DPRK’s defence research and development programmes. Modifications: Listed on 5 Aug 2017 

SSID: 150-36966 Name: Jo Chol Song
Sex: M DOB: 25 Sep 1984 Good quality a.k.a.: Cho Ch’o’lso’ng Nationality: DPR Korea Identification document: Passport No. 654320502, DPR Korea, Expiry date: 16 Sep 2019 Justification: Deputy Representative for the Korea Kwangson Banking Corporation, which provides financial services in support to Tanchon Commercial Bank and Korea Hyoksin Trading, a subordinate entity of Korea Ryonbong General Corporation. Modifications: Listed on 5 Aug 2017

SSID: 150-36974 Name: Kang Chol Su
DOB: 13 Feb 1969 Nationality: DPR Korea Identification document: Passport No. 472234895, DPR Korea
Justification: Official for Korea Ryonbong General Corporation, which specializes in acquisition for the DPRK’s defence industries and support for the DPRK’s military-related overseas sales. Its procurements also likely support the DPRK’s chemical weapons programme. Modifications: Listed on 5 Aug 2017

SSID: 150-36981 Name: Kim Mun Chol
DOB: 25 Mar 1957 Good quality a.k.a.: Kim Mun-ch’o’l Nationality: DPR Korea Justification: Representative for Korea United Development Bank. Modifications: Listed on 5 Aug 2017

SSID: 150-36988 Name: Kim Nam Ung
Nationality: DPR Korea Identification document: Passport No. 654110043, DPR Korea Justification: Representative for Ilsim International Bank, which is affiliated with the DPRK military and has a close relationship with the Korea Kwangson Banking Corporation. Ilsim International Bank has attempted to evade United Nations sanctions. Relation: Close relationship with Korea Kwangson Banking Corporation (SSID 150-33918) Modifications: Listed on 5 Aug 2017

SSID: 150-36994 Name: Pak Il Kyu
Good quality a.k.a.: Pak Il-Gyu Nationality: DPR Korea Identification document: Passport No. 563120235, DPR Korea
Justification: Official for Korea Ryonbong General Corporation, which specializes in acquisition for DPRK’s defence industries and support to Pyongyang’s military-related sales. Its procurements also likely support the DPRK’s chemical weapons programme. Modifications: Listed on 5 Aug 2017 

and entities: 

 

SSID: 150-37021 Name: Foreign Trade Bank (FTB)
Address: FTB Building, Jungsong-dong, Pyongyang, Central District, DPR Korea Justification: Foreign Trade Bank is a State-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation. Relation: Provided key financial support to the Korea Kwangson Banking Corporation (SSID 150-33918) Modifications: Listed on 5 Aug 2017

SSID: 150-37026 Name: Korean National Insurance Company (KNIC)
Good quality a.k.a.: Korea Foreign Insurance Company Address: Pyongyang, Central District, DPR Korea
Justification: The Korean National Insurance Company is a DPRK financial and insurance company and is affiliated with Office 39. Relation: Affiliated with Office 39 (SSID 150-33948) Modifications: Listed on 5 Aug 2017

SSID: 150-37033 Name: Koryo Credit Development Bank
Good quality a.k.a.: a) Daesong Credit Development Bank b) Koryo Global Credit Bank c) Koryo Global Trust Bank Address: Pyongyang, DPR Korea
Justification: Koryo Credit Development Bank operates in the financial services industry in the DPRK’s economy. Modifications: Listed on 5 Aug 2017

SSID: 150-37040 Name: Mansudae Overseas Project Group of Companies
Good quality a.k.a.: Mansudae Art Studio Address: Pyongyang, DPR Korea
Justification: Mansudae Overseas Project Group of Companies engaged in, facilitated, or was responsible for the exportation of workers from the DPRK to other nations for construction-related activities including for statues and monuments to generate revenue for the Government of the DPRK or the Workers’ Party of Korea. The Mansudae Overseas Project Group of Companies has been reported to conduct business in countries in Africa and Southeast Asia including Algeria, Angola, Botswana, Benin, Cambodia, Chad, the Democratic Republic of the Congo, Equatorial Guinea, Malaysia, Mozambique, Madagascar, Namibia, Syria, Togo and Zimbabwe. Modifications: Listed on 5 Aug 2017 

to its sanctions against the Democratic People’s Republic of Korea. In addition, the following individual listings were amended:

 

SSID: 150-33795 Name: Jang Bom Su
DOB: 15 Apr 1957 Good quality a.k.a.: Jang Pom Su Nationality: DPR Korea
Other identity: Jang Bom Su
DOB: 22 Feb 1958 Good quality a.k.a.: Jang Hyon U Identification document: Diplomatic passport No. 836110034, DPR Korea, Expiry date: 1 Jan 2020
Justification: Tanchon Commercial Bank Representative in Syria. Modifications: Listed on 4 Mar 2016, amended on 5 Aug 2017

SSID: 150-33808 Name: Jon Myong Guk
DOB: 18 Oct 1976 Good quality a.k.a.: Cho’n Myo’ng-kuk Nationality: DPR Korea Identification document: Passport No. 4721202031, DPR Korea, Expiry date: 21 Feb 2017 Other identity: Jon Myong Guk
DOB: 25 Aug 1976 Good quality a.k.a.: Jon Yong Sang Identification document: Diplomatic passport No. 836110035, DPR Korea, Expiry date: 1 Jan 2020
Justification: Tanchon Commercial Bank Representative in Syria. Modifications: Listed on 4 Mar 2016, amended on 5 Aug 2017 

Links:

FINMA Notice

Data files of updates – PDFXML

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