Treasury plays catch-up on North Korea sanctions, designates 10 proliferators & shippers
Yesterday afternoon, the Treasury and State Departments designated ten more North Korean targets: six individual North Koreans for involvement in WMD-related financial transactions, three shipping companies, for being fronts of Ocean Maritime Management, and one entity, North Korea’s Strategic Rocket Forces. From Treasury’s press release: OFAC designated six individuals pursuant to E.O. 13382, which targets proliferators of WMD and their supporters. Kim Kyong Nam was designated for acting, or purporting to act, for or on behalf of, directly or indirectly,...