News & Analysis as of

UN Security Council North Korea

US Announces New North Korea Designations and Global Shipping Advisory

by Dentons on

On February 23, 2018, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) announced what it described as the "largest North Korea-related sanctions tranche to date, aimed at disrupting North Korean shipping...more

EU gradually expands sanctions on North Korea and Venezuela

by White & Case LLP on

The EU has added several individuals and entities to its list of persons subject to an asset freeze and travel restrictions, as part of sanctions targeting the Russian Federation, Venezuela, and the Democratic People's...more

Evolving U.S. and UN Sanctions Against North Korea

Following President Trump’s trip to Asia, sanctions policies for North Korea continue to evolve. The U.S. government has strengthened sanctions through legislation and Presidential Executive Orders. Further, it is enforcing...more

US Enacts “Countering America’s Adversaries Through Sanctions Act” Expanding Its Russia, Iran, and North Korea Sanctions Programs

by White & Case LLP on

On August 2, 2017, the President signed into law the "Countering America's Adversaries Through Sanctions Act," providing a number of new sanctions against Russia, Iran, and North Korea. The President also issued a signing...more

The UN Security Council Adopts Diplomatic Relations Sanctions Against North Korea

by Kelley Drye & Warren LLP on

In the wake of the nuclear test conducted by the Democratic People’s Republic of Korea (DPRK) on 9 September 2016, the Security Council, acting under Chapter VII of the UN Charter, has adopted new measures on 30 November...more

On the Eve of a New Administration, Sanctions on North Korea Tighten

On November 30, 2016, the United Nations Security Council (UNSC) passed a unanimous resolution strengthening sanctions against North Korea. The Resolution comes in response to the conduct of the latest round of nuclear tests...more

The New US Sanctions Against North Korea: Dr. Evil's Got Nothing on Kim Jong-un

Although poor, out-of-touch Dr. Evil of the Austin Powers series had to resort to the threat of using a giant laser beam to decimate various cities to try to obtain his one million billion dollars in ransom, Kim Jong-un1...more

New sanctions impose further restrictions on North Korea

by Reed Smith on

The United Nations, the European Union and United States recently expanded sanctions on North Korea, issuing new restrictions which impact the mineral, energy, shipping, banking, finance, and aviation industries. United...more

European Union and United Kingdom Sanctions Update: May 2016

by K&L Gates LLP on

Below is a summary of developments since our previous update in March relating to European Union (“EU”) sanctions on Iran, North Korea and other jurisdictions as well as highlights of recent changes with respect to the...more

UN and U.S. Sanctions Target North Korea: Impacts for Asia and Beyond

The United Nations and United States recently took significant new steps to expand sanctions on North Korea, with implications for international banking; shipping and port activities; air transport; energy and mining sectors;...more

UN and U.S. Sanctions Target North Korea: Impacts for Asia and Beyond

The United Nations and United States recently took significant new steps to expand sanctions on North Korea, with implications for international banking; shipping and port activities; air transport; energy and mining sectors;...more

US Significantly Expands Sanctions Targeting North Korea

by White & Case LLP on

On March 16, 2016, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) expanded sanctions on North Korea (the DPRK) pursuant to Executive Order 13722 (EO 13722). This action implements in...more

Enhanced North Korea Sanctions Adopted

by WilmerHale on

The United Nations Security Council (“UNSC”) approved a Resolution last week imposing new sanctions against North Korea in response to its recent nuclear and missile tests. This UNSC action follows the enactment of the North...more

The Day of North Korea Sanctions: the UN Imposes the Toughest North Korea Sanctions Yet While OFAC and State Designate More North...

After weeks of negotiations and a Putin-backed delay, the UN Security Council unanimously adopted resolution 2270 on March 2, 2016, imposing new sanctions against North Korea. According to U.S. Secretary of State John Kerry,...more

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