UKSL Sanctions designation

BANK OF EAST LAND

Entity · designated 22 January 2013

Designation identifiers

UKSL unique ID
DPR0126
OFSI group ID
12451
UN reference number
KPe.013
Designation type
Entity
Date designated
22 January 2013
Last updated
13 January 2022

Regimes

  • The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019

Designation sources

  • UN

Sanctions imposed

  • Asset freeze
  • Chartering of Ships
  • Closure of representative offices
  • Crew servicing of ships and aircraft
  • Prevention of business arrangements
  • Prohibition of port entry

Other information

  • DPRK financial institution Bank of East Land facilitates weapons-related transactions for, and other support to, arms manufacturer and exporter Green Pine Associated Corporation (Green Pine). Bank of East Land has actively worked with Green Pine to transfer funds in a manner that circumvents sanctions. In 2007 and 2008, Bank of East Land facilitated transactions involving Green Pine and Iranian financial institutions, including Bank Melli and Bank Sepah. The Security Council designated Bank Sepah in resolution 1747 (2007) for providing support to Iran’s ballistic missile program. Green Pine was designated by the Committee in April 2012.

Addresses

  • Lines: PO Box 32
  • Lines: BEL Building
  • Lines: Jonseung-Dung
  • Lines: Moranbong District
  • Lines: Pyongyang
  • Country: North Korea
!

This directory is not a substitute for sanctions compliance screening. Ownership and control rules can apply to entities that are not separately named. Verify the current official list and obtain appropriate advice.