Last Updated: January 17, 2025
Korean National Insurance Corporation (KNIC)
Aliases
Korea National Insurance Corporation; Korea Foreign Insurance Company
Address
Central District, Pyongyang, Korea, Democratic People's Republic of
Linked to
http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32017R1509&from=EN
Other Information
The Korean National Insurance Company is a DPRK financial and insurance company and is affiliated with Office 39.
Date of listing
2017-08-31
Program information
Authority
EU
Program
Restrictive measures in relation to the non-proliferation of the weapons of mass destruction
Regime
UN, EU country specific
Target State
Democratic People's Republic of Korea
Measures
Asset freeze and prohibition to make funds available, Restrictions on admission
Sanctions Portfolio
- All assets of the listed persons and entities should be frozen. It is also prohibited to make any funds or assets directly or indirectly available to them. - Member States shall enforce travel restrictions on persons listed in Annex I, II and III of Council Decision (CFSP) 2016/849. Member States shall also expel: (1) DPRK nationals who they dete...
Official Information
The ongoing nuclear and ballistic missile-related activities of the DPRK represent a serious threat to international peace and security. These activities undermine the global non-proliferation and disarmament regime of which the EU has been a steadfast supporter for decades. In this context, the EU has implemented the restrictive measures imposed b...
Program URL
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02016D0849-20230404