Change of https://www.gov.uk/government/publications/financial-sanctions-north-korea-democratic-peoples-republic-of-korea

Change description : 2026-01-27 15:11:00: HM Treasury Notice, DPRK, 27/01/2026 added. [Guidance and regulation]

Showing diff : 2024-09-20 10:10:33.874982656 +00:00..2026-01-27 15:12:16.947140177 +00:00

Guidance

FinancialDPRK sanctions,financial Democraticsanctions: People’slist Republic of Korea

asset-freeze targets

The Democratic People’s Republic of Korea (DPRK) is subject to UK financial sanctions regime. This document contains a current list of designated persons.

From:
HM Treasury and
Office of Financial Sanctions Implementation and HM Treasury
Published
23 April 2013
Last updated
2027 SeptemberJanuary 20242026 — See all updates

Documents

Current list of designated persons: Democratic People's Republic of Korea

PDF, 241 KB, 27 pages

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HM Treasury Notice, DPRK, 27/01/2026

PDF, 163 KB, 4 pages

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HM Treasury Notice, DPRK, 20/09/2024

PDF, 127 KB, 4 pages

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HM Treasury Notice, DPRK, 17/05/2024

PDF, 185 KB, 4 pages

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HM Treasury Notice, DPRK, 16/04/2024

PDF, 134 KB, 5 pages

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HM Treasury Notice, DPRK, 11/03/2024

PDF, 250 KB, 4 pages

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HM Treasury Notice, DPRK, 08/01/2024

PDF, 249 KB, 4 pages

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HM Treasury Notice, DPRK, 21/08/2023

PDF, 152 KB, 6 pages

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HM Treasury Notice, DPRK, 03/07/2023

PDF, 163 KB, 7 pages

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HM Treasury Notice, DPRK, 11/11/2022

PDF, 105 KB, 4 pages

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HM Treasury Notice, DPRK, 16/09/2022

PDF, 107 KB, 4 pages

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Latest HM Treasury Notice, DPRK, 09/08/2022

PDF, 104 KB, 4 pages

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HM Treasury Notice, DPRK, 02/08/2022

PDF, 236 KB, 14 pages

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HM Treasury Notice, DPRK, 07/07/2022

PDF, 107 KB, 4 pages

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HM Treasury Notice, DPRK, 04/03/2022

PDF, 121 KB, 5 pages

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HM Treasury Notice, DPRK, 03/03/2022

PDF, 171 KB, 10 pages

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HM Treasury notice, DPRK, 16/02/2022

PDF, 136 KB, 5 pages

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HM Treasury notice, DPRK, 21/01/2021

PDF, 115 KB, 5 pages

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HM Treasury notice, DPRK, 19/01/2021

PDF, 138 KB, 7 pages

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Details

The Democratic People’s Republic of Korea (Sanctions) (EU Exit) Regulations 2019 ensure sanctions relating to DPRK are implemented effectively after the UK leaves the EU.

Context

This sanctions regime gives effect to the UK’s obligations under United Nations Security Council Resolution 1718 (2006) and further resolutions that extended its scope.

It aims to restrict the ability of the DPRK to carry on banned programmes, promoting the abandonment by the DPRK of banned programmes and the decommissioning of the DPRK’s banned weapons. It also aims to promote peace, security and stability on the Korean peninsula.

The regulations impose asset freezes as well as sectoral financial sanctions measures.

Some sanctions targets listed under the DPRK regime are known to use ‘shell’ or ‘front’ companies to disguise the ultimate destination of goods, funds and services.

You need to ensure you’re not working with those subject to sanctions through these companies.

Restrictions

DPRK targets are on OFSI’s financial sanctions consolidated list and are subject to an asset freeze. You can find information about asset freezes in OFSI’s general guidance.

This regime also includes sectoral financial sanctions, which contain both restrictions and requirements. These include those placed on:

  • the sale or purchase of bonds

  • DPRK credit and financial institutions including branches, subsidiaries and representative offices)

  • UK credit and financial institutions from dealing with DPRK credit and financial institutions (including branches, subsidiaries and representative offices)

  • representative offices belonging to designated persons

  • business arrangements with designated persons

  • financial support for trade

  • investment and commercial activities

  • bank accounts for DPRK diplomats and diplomatic missions

  • leasing or, otherwise making available, real property.

OFSI can authorise some transactions under legal grounds which are set out in the relevant regulations for this regime. Please review these before contacting OFSI.

Given the complexities and risks involved in operating in this country, OFSI recommends you discuss any proposed activities in DPRK with any relevant financial and other institution(s) beforehand. OFSI also recommends that you seek independent legal advice for such activities.

UN regulations

The UN adopted Resolution 1718 (2006), condemning DPRK’s nuclear test on 9 October 2006 and requiring all UN member states to apply restrictive measures against the DPRK.

Further resolutions have been imposed on the DPRK to extend these restrictive measures. These are available online.

UK regulations

EU regulations (applicable prior to 11:00pm, 31 December 2020)

Council Regulation 2017/1509

Find out more about UK sanctions on DPRK

Updates to this page

Published 23 April 2013
Last updated 2027 SeptemberJanuary 2024 + show2026 href="#full-history">+ show all updates

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Update history

2026-01-27 15:11
HM Treasury Notice, DPRK, 27/01/2026 added.

2024-09-20 11:10
HM Treasury Notice, DPRK, 20/09/2024 added

2024-05-17 11:05
HM Treasury Notice, DPRK, 17/05/2024 added.

2024-04-16 13:59
HM Treasury Notice, DPRK, 16/04/2024 added

2024-03-11 14:06
HM Treasury Notice, DPRK, 11/03/2024 added.

2024-01-08 15:01
HM Treasury Notice, DPRK, 08/01/2024 added.

2023-08-21 15:02
HM Treasury Notice, DPRK, 21/08/2023 added

2023-07-03 15:35
HM Treasury Notice, DPRK, 03/07/2023 added

2022-11-11 16:50
Updated with HM Treasury Notice, DPRK, 11/11/2022

2022-09-16 16:29
HM Treasury Notice, DPRK, 16/09/2022 added

2022-08-09 14:37
Updated with ‘Latest HM Treasury Notice, DPRK, 09/08/2022’

2022-08-02 14:45
Updated with HM Treasury Notice, Democratic People’s Republic of Korea, 02/08/2022

2022-07-07 11:37
Updated with HM Treasury Notice, Belarus, 07/07/2022

2022-03-04 17:54
Updated with ‘Latest HM Treasury Notice, DPRK, 04/03/2022’

2022-03-03 15:03
Updated with ‘Latest HM Treasury Notice, DPRK, 03/03/2022’.

2022-02-16 16:22
Updated with ‘Latest HM Treasury notice, DPRK, 16/02/2022’.