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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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http://www.globaltimes.cn/content/1016018.shtml