Notice of OFAC Sanctions Actions
Notice published January 21, 2020 · 85 FR 3485
- Document number
- FR Doc. 2020-00771
- Type
- Notice
- Published
- January 21, 2020
- Citation
- 85 FR 3485 (pages 3,485–3,486)
- Action
- Notice.
- Dates
- See Supplementary Information section for applicable date(s).
- Official sources
- PDF (govinfo.gov) · federalregister.gov
Summary
The Federal Register's summaryThe Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Executive orders cited
- Executive Order 13722 · Other documents citing it
Text
As the Government Publishing Office publishes it. Pages OFAC printed as images (in recent notices, the lists of names) are in the official PDF.
[Federal Register Volume 85, Number 13 (Tuesday, January 21, 2020)]
[Notices]
[Pages 3485-3486]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-00771]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Notice of OFAC Sanctions Actions
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Notice.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing the names of one or more persons that have
been placed on OFAC's Specially Designated Nationals and Blocked
Persons List based on OFAC's determination that one or more applicable
legal criteria were satisfied. All property and interests in property
subject to U.S. jurisdiction of these persons are blocked, and U.S.
persons are generally prohibited from engaging in transactions with
them.
DATES: See Supplementary Information section for applicable date(s).
FOR FURTHER INFORMATION CONTACT:
OFAC: Associate Director for Global Targeting, tel.: 202-622-2420;
Assistant Director for Licensing, tel.: 202-622-2480; Assistant
Director for Regulatory Affairs, tel.: 202-622-4855; Assistant Director
for Sanctions Compliance & Evaluation, tel.: 202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
The Specially Designated Nationals and Blocked Persons List and
additional information concerning OFAC sanctions programs are available
on OFAC's website (www.treasury.gov/ofac).
Notice of OFAC Actions
On January 20, 2020, OFAC determined that the property and
interests in property subject to U.S. jurisdiction of the following
persons are blocked under the relevant sanctions authority listed
below.
Entities
1. KOREA NAMGANG TRADING CORPORATION (a.k.a. DPRK NAMGANG
TRADING COMPANY), Pyongyang, Korea, North; Secondary sanctions risk:
North Korea Sanctions Regulations, sections 510.201 and 510.210
[DPRK3] [DPRK-NKSPEA].
Designated pursuant to section 2(a)(iv) of Executive Order 13722
of March 15, 2016, ``Blocking Property of the Government of North
Korea and the Worker's Party of Korea, and Prohibiting Certain
Transactions With Respect to North Korea'' (E.O. 13722), for
[[Page 3486]]
having engaged in, facilitated, or been responsible for the
exportation of workers from North Korea, including exportation to
generate revenue for the Government of North Korea or the Workers
Party of Korea.
Also designated pursuant Section 104(b)(1)(L) of the North Korea
Sanctions and Policy Enhancement Act of 2016, Pub. L. 114-122, as
amended by section 311 of the Countering America's Adversaries
Through Sanctions Act (Pub. L. 115-44) (NKSPEA, as amended) for
knowingly, directly or indirectly, engaged in, facilitated, or
having been responsible for the exportation of workers from North
Korea in a manner intended to generate significant revenue, directly
or indirectly, for use by the Government of North Korea or by the
Worker's Party of Korea.Page printed as an image (TN21JA20.000): see the PDF.
Designated pursuant to section 2(a)(vii) of E.O. 13722, for
having materially assisted, sponsored, or provided financial,
material, or technological support for, or goods and services to or
in support of KOREA NAMGANG TRADING CORPORATION, an entity whose
property and interests in property are blocked pursuant to E.O.
13722.
Also designated pursuant Section 104(b)(1)(A) of NKSPEA, as
amended, knowingly engaging in, contributing to, assisting,
sponsoring, or providing financial, material or technological
support for, or goods and services in support of, KOREA NAMGANG
TRADING CORPORATION, an entity whose property and interests in
property are blocked pursuant to E.O. 13722 and NKSPEA, as amended.
Also designated pursuant to section 2(a)(vii) of E.O. 13722, for
having materially assisted, sponsored, or provided financial,
material, or technological support for, or goods and services to or
in support of NAMGANG CONSTRUCTION, an entity whose property and
interests in property are blocked pursuant to E.O. 13722.
Dated: January 14, 2020.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2020-00771 Filed 1-17-20; 8:45 am]
BILLING CODE 4810-AL-P