OFAC has imposed sanctions on 7 people and 16 entities for their alleged ties to the North Korean government or its nuclear and weapons programmes, and identified 16 aircraft as blocked property of a designated entity (details here).  In the US Treasury’s press release, Acting Under Secretary for Terrorism and Financial Intelligence Adam Szubin said that the sanctions “aim to cut the flow of financial resources to North Korea” and target people and entities “operating in key industries that support North Korea’s illicit activities”.