US further restricts DPRK's access to US financial system
2016-11-05 08:16:22 source:Global Times
November 5, 2016
"The United States on Friday finalized action to further restrict
Democratic People's Republic of Korea's (DPRK's) access to the US
financial system.
The move prohibits US financial institutions
from opening or maintaining correspondent accounts for DPRK banks. It
also requires US financial institutions to apply additional due
diligence measures in order to prevent DPRK financial institutions from
gaining improper indirect access to US correspondent accounts, the
Treasury Department said in a statement."
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