1984-08-15; 1984-10-18

290333974, Passport

OFAC designated the North Korean computer programmer Park Jin Hyok for having engaged in significant activities undermining cybersecurity through the use of computer networks or systems against targets outside of North Korea on behalf of the Government of North Korea or the Workers’ Party of Korea.  Park Jin Hyok is part of the conspiracy responsible for conducting, among others, the February 2016 cyber-enabled fraudulent transfer of $81 million from Bangladesh Bank, the ransomware used in the May 2017 “WannaCry 2.0” cyber-attack, and the November 2014 cyber-attack on Sony Pictures Entertainment.  Park Jin Hyok worked for Chosun Expo Joint Venture (a.k.a Korea Expo Joint Venture or “KEJV”), which OFAC is simultaneously sanctioning today for being an agency, instrumentality, or controlled entity of the Government of North Korea.  Park Jin Hyok and his co-conspirators operated from North Korea, China, and elsewhere to perpetrate these malicious activities.

https://home.treasury.gov/news/press-releases/sm473

2018-09-06

US

Executive Order 13722 of March 15, 2016 Blocking Property of the Government of North Korea and the Workers’ Party of Korea, and Prohibiting Certain Transactions With Respect to North Korea

OFAC country specific / UN

Democratic People's Republic of Korea

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1556 460. Can U.S. persons do business with entities in North Korea? No. Unless authorized pursuant to a general or specific license from OFAC and/or BIS, Executive Order (E.O.) 13722 prohibits new investment in North Korea by a U.S. person and the exportation or reexportation, from the United States, or by a U.S. person, of any goods, services, or technology to North Korea. E.O. 13810 (“Imposing Additional Sanctions with Respect to North Korea”) does not modify any of those prohibitions.

On March 15, 2016, the President issued E.O. 13722 pursuant to, inter alia, IEEPA, the NEA, the UNPA, and the North Korea Sanctions and Policy Enhancement Act of 2016 (22 U.S.C. § 9201 et seq.) (the NKSPEA), to take additional steps to address the national emergency declared in E.O. 13466 and expanded in E.O. 13551, in light of further North Korean nuclear and ballistic missile tests. E.O. 13722 was issued to ensure implementation of certain provisions of UNSCR 2270 of March 2, 2016 and the NKSPEA; it strengthened export and other trade restrictions against North Korea; and imposed a comprehensive blocking of the Government of North Korea and the Workers’ Party of Korea.

SDN