EU amends DPRK sanctions listings

The EU has removed 1 person and 1 entity from its DPRK sanctions list.  Pyon Yong Rip had been listed for being President of the Academy of Science, involved in WMD-related biological research, and Korea International Chemical Joint Venture Company, was said to be a defence conglomerate specialising in acquisition for the DPRK and providing support for the country’s military-related sales. Pyon Yong Rip has been replaced as president of the Academy of Science.

The EU also amended other entries on its sanctions list, including the entries relating to KNIC whose challenge to its designation is currently pending in the General Court.  See Commission Implementing Regulation (EU) 2017/993 amending Council Regulation (EC) 329/2007 and Council Decision (CFSP) 2017/994 amending Council Decision 2016/849.

This entry was posted in Latest EU Measures, North Korea by Michael O'Kane. Bookmark the permalink.

About Michael O'Kane

Michael O’Kane is a partner and Head of the Business Crime team at leading UK firm Peters & Peters. Described as ‘first-rate’ (Legal 500 2012), he “draws glowing praise from commentators” (Chambers 2013) for handling the international aspects of business crime, including sanctions, extradition and mutual legal assistance. Called to the Bar in 1992 and prior to joining Peters & Peters he was a senior specialist prosecutor at the Crown Prosecution Service Headquarters(CPS). At CPS HQ he was a key member of a small specialist unit responsible for the prosecution of serious and high profile fraud, terrorist and special interest criminal matters including the Stansted Airport Afghan hijacking and the prosecution of Paul Burrell (Princess Diana’s butler). Michael joined Peters & Peters in 2002. He became a partner in May 2004, and Head of the Business Crime team in May 2009. Since joining Peters & Peters, Michael has dealt with a wide range of business crime matters. He has particular expertise in international sanctions, criminal cartels, extradition, corruption, mutual legal assistance, and FSA investigations. Described as“ an influential practitioner in fraud and regulatory work, so much so that he is top of the referral lists of many City firms for independent advice for directors” (The Lawyer’s Hot 100 2009), he was recognised as one of the UK’s most innovative lawyers in the 2011 FT Innovative Lawyer Awards and included in the list of the UK's leading lawyers in 'The International Who's Who of Asset Recovery 2012. In 2012 he was the winner of the Global Competition Review Article of the Year. Michael regularly appears on television and radio to discuss his specialist areas and he is the author of the leading textbook on the UK Criminal Cartel Offence “The Law of Criminal Cartels-Practice and Procedure” (Oxford University Press 2009). Recent/Current Sanctions Work • Representing 109 individuals and 12 companies subject to designation by the European Council under targeted measures imposed against Zimbabwe. This is the largest and most complex collective challenge to a sanctions listing ever brought before the European Court. • Acting for a former Egyptian Minister and his UK resident wife, challenging their designation by the European Council of Ministers under targeted measures brought against former members of the Egyptian Government. • Advising a company accused in a UN investigation report to have breached UN sanctions imposed in relation to Somalia. • Advising a UK company in relation to ongoing commercial relationships with an Iranian company listed under both EU and UN sanctions. • Advising an individual in relation to a UK investigation for alleging breaching nuclear export controls.

2 thoughts on “EU amends DPRK sanctions listings

  1. If you reconcile the actual changes in new Annex II of Decision (CFSP) 2017/994 against the text of old Annex II in Decision (CFSP) 2016/849 (which the former is to replace), the changes are significantly different to those described in note (3) of Decision (CFSP) 2017/994 which says “[t]he Council concluded that one person and one entity should be removed from the list set out in Annex II to Decision (CFSP) 2016/849.”

    Looking at new Annex II in Decision (CFSP) 2017/994 you will see the following changes:

    1. TWO entries were removed from Section I (A) Persons: PYON Yong Rip (was #8 in old Annex II) and JO Chun Ryong (was #16 in old Annex II);

    2. FOUR new entries were added to Section I (A) Persons: RI Myong Su (now #29 in new Annex II), SO Hong Chan (now #30 in new Annex II), WANG Chang Uk (now #31 in new Annex II, and JANG Chol (now #32 in new Annex II);

    3. TWO entries were removed from Section I (B) Entities: “Korea Taesong Trading Company” (was #2 in old Annex II) and “Korea International Chemical Joint Venture Company” (was #6 in old Annex II);

    4. TWO entries were removed from Section II (B) Entities: “Korea Daesong Bank” (was #1 in old Annex II) and “Korea Daesong General Trading Corporation” (was #2 in old Annex II). That just leaves a single entry in this section, that of “Korea National Insurance Corporation (KNIC) and its branch offices.”

    Does all the above mean that note (3) of Decision (CFSP) 2017/994 which says “[t]he Council concluded that one person and one entity should be removed from the list set out in Annex II to Decision (CFSP) 2016/849.” is incorrect or just incomplete?

    One further point of information; when you reconcile new Annex II of Decision (CFSP) 2017/994 against the text of new Annex V in Commission Implementing Regulation (EU) 2017/993, you will see a (minor) numbering error in section (b) of the latter; the last entry, “Strategic Rocket Forces”, is numbered ‘6’ rather than ‘5’.

    q.g.campbell@gmail.com

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