Title 31, Part 510 — North Korea Sanctions Regulations

Relation of this part to other laws and regulations.

Prohibited transactions involving blocked property.

Effect of transfers violating the provisions of this part.

Holding of funds in interest-bearing accounts; investment and reinvestment.

Expenses of maintaining blocked physical property; liquidation of blocked property.

Prohibited importation of goods, services, or technology from North Korea.

Prohibited exportation or reexportation of goods, services, or technology to North Korea.

Prohibited vessel transactions related to North Korean registration and flagging.

Prohibited aircraft landing or vessel calling in the United States.

Prohibited new investment in North Korea.

Prohibitions or strict conditions with respect to correspondent or payable-through accounts or blocking of certain foreign financial institutions identified by the Secretary of the Treasury.

Prohibited facilitation.

Evasions; attempts; causing violations; conspiracies.

Exempt transactions.

Prohibitions on persons owned or controlled by U.S. financial institutions.

Applicability of definitions.

Arms or related materiel.

Blocked account; blocked property.

Correspondent account.

Effective date.

Entity.

Financial, material, or technological support.

Financial services.

Financial transaction.

Foreign financial institution.

Foreign person.

Government of North Korea.

Information or informational materials.

Interest.

Knowingly.

Licenses; general and specific.

Loans or other extensions of credit.

Luxury goods.

New investment.

North Korean person.

Ofac.

Payable-through account.

Person.

Property; property interest.

Transfer.

United States.

United States person; U.S. person.

U.S. depository institution.

U.S. financial institution.

U.S.-registered money transmitter.

U.S.-registered broker or dealer in securities.

Reference to amended sections.

Effect of amendment.

Termination and acquisition of an interest in blocked property.

Transactions ordinarily incident to a licensed transaction.

Exportation and reexportation of goods, services, or technology.

Offshore transactions involving blocked property.

Payments from blocked accounts to satisfy obligations prohibited.

Charitable contributions.

Credit extended and cards issued by financial institutions to a person whose property and interests in property are blocked.

Setoffs prohibited.

Entities owned by one or more persons whose property and interests in property are blocked.

Facilitation; change of policies and procedures; referral of business opportunities offshore.

Significant activity or activities; significant transaction(s); significant financial service(s).

General and specific licensing procedures.

Effect of license or other authorization.

Exclusion from licenses.

Payments and transfers to blocked accounts in U.S. financial institutions.

Entries in certain accounts for normal service charges.

Investment and reinvestment of certain funds.

Provision of certain legal services.

Payments for legal services from funds originating outside the United States.

Emergency medical services.

North Korean mission to the United Nations and employees of the United Nations.

Noncommercial, personal remittances.

Certain transactions in support of nongovernmental organizations' activities.

Official business of the United States Government.

Official business of certain international organizations and entities.

Third-country diplomatic and consular funds transfers.

Transactions related to telecommunications and mail.

Certain transactions related to patents, trademarks, copyrights, and other intellectual property.

Calling of certain vessels and landing of certain aircraft.

Transactions related to closing a correspondent or payable-through account.

Transactions ordinarily incident to the exportation or reexportation to North Korea of items licensed or otherwise authorized by the Department of Commerce, and related services.

Exportation or reexportation to North Korea of certain agricultural commodities, medicine, medical devices, and replacement parts and components.

Journalistic activities and establishment of news bureaus in North Korea.

Records and reports.

Penalties.

Pre-Penalty Notice; settlement.

Penalty imposition.

Administrative collection; referral to United States Department of Justice.

Finding of Violation.

Procedures.

Delegation of certain authorities of the Secretary of the Treasury.

Paperwork Reduction Act notice.