Category Archives: North Korea

Subscribe to North Korea RSS Feed

U.S. Imposes Additional Sanctions on North Korea

Amid escalating U.S.-North Korea tensions, over the past month, the United States imposed several new rounds of sanctions against North Korea. The new sanctions measures are designed to reduce the flow of economic resources from non-U.S. sources to North Korea. Continue Reading.… Continue Reading

President Signs New Russia, Iran, and North Korea Sanctions Measures into Law

On August 2, 2017, President Trump signed the Countering America’s Adversaries Through Sanctions Act (HR 3364) into law. The bill had received near-unanimous support in Congress. The new law combines three separate sanctions measures: the Countering Iran’s Destabilizing Activities Act (CIDAA), the Countering Russian Influence in Europe and Eurasia Act (CRIEEA), and the Korean Interdiction … Continue Reading

Congress Overwhelmingly Approves New Russia, Iran, and North Korea Sanctions Measures

On July 27, 2017, the Senate overwhelmingly passed (98-2) the Countering America’s Adversaries Through Sanctions Act (HR 3364), previously passed in the House of Representatives (419-3) on July 25, 2017. This bill combines three separate sanctions measures: the Countering Iran’s Destabilizing Activities Act (CIDAA), the Countering Russian Influence in Europe and Eurasia Act (CRIEEA), and … Continue Reading

FinCEN Proposes New Rule to End North Korea’s Access to U.S. Financial System

In the wake of North Korea’s nuclear tests that violated United Nations (UN) sanctions, on June 1, 2016, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) released a Notice of Finding that concludes that the Democratic People’s Republic of Korea (DPRK or North Korea) is a “jurisdiction of primary money laundering concern.” Continue Reading.… Continue Reading

New North Korea Sanctions Designations

Further to the newly-enacted North Korea Sanctions and Policy Enhancement Act of 2016 (H.R. 757) (the Act) summarized in our previous GT Alert, on March 16, 2016, President Obama issued an executive order implementing a number of sanctions measures pursuant to the Act. The EU has also introduced new sanctions against North Korea, following the … Continue Reading

President Obama Signs Legislation Tightening North Korea Sanctions

On Feb. 18, 2016, President Obama signed into law the North Korea Sanctions and Policy Enhancement Act of 2016 (H.R. 757) (the Act), a bill tightening U.S. sanctions against North Korea.  The legislation imposes strict licensing requirements for the export or reexport to North Korea of any U.S.-origin goods, software, or technology, and grants the … Continue Reading
LexBlog