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

S.I. 2019/411 · Made 5 March 2019 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 13 May 2026.

Exiting The European Union

Sanctions

Made 5th March 2019

Laid before Parliament 8th March 2019

Coming into force in accordance with regulation 1(2)

The Secretary of State M1, in exercise of the powers conferred by sections 1(1)(a) and (c) and (3), 3(1)(a), (b)(ii) and (iii), (c)(ii) and (iii), (d) and (e)(ii) and (iii), 3(2)(a), (b) and (c), 4, 5 to 8, 9(2)(a), 10(2), (3) and (4), 11(2) to (9), 13, 14, 15(2), (3), (4)(b), (5) and (6), 16, 17(2) to (9), 19, 20, 21(1), 54(1) and (2)(a), 56(1) and 62(4) to (6) of, and paragraphs 2(a)(iii) and (b), 3(a), (b) and (c)(iii), 4(a)(iii), (b) and (c), 5(a)(ii) and (iii), (b), (c) and (d), 6(a)(ii) and (iii), (b) and (c), 7(a)(ii) and (iii) and (b), 8(c), 9(a)(iii), 11(a), 12(a)(ii), 13(a), (b), (d), (g), (h), (k), (l), (m), (n), (p), (r) and (w), 14(a), (f), (g), (i), (j) and (k), 17, 19, 20, 21, 22, 23 and 27 of Schedule 1 to, the Sanctions and Anti-Money Laundering Act 2018 M2, and having decided, upon consideration of the matters set out in section 2(2) and 56(1) of that Act, that it is appropriate to do so, makes the following Regulations:C1

Annotations to the whole text

Marginal citations

M1

The power to make regulations under Part 1 of the Sanctions and Anti-Money Laundering Act 2018 is conferred on an appropriate Minister. Section 1(9)(a) of the Act defines an “appropriate Minister” as including the Secretary of State..

M2

2018 c.13.

Modifications

C1

Regulations extended (British overseas territories) (with modifications) (31.12.2020 immediately after both S.I. 2020/591 and S.I. 2020/950 have come into force) by The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1561), art. 2, Sch. 1, Sch. 2 (as amended (11.12.2025) by The Sanctions (Miscellaneous Amendments) (Overseas Territories) Order 2025 (S.I. 2025/1307), art. 1(1), Sch. 3); S.I. 2020/1514, regs. 5, 17

Contents

  1. Part 1: General
  2. 1Citation and commencement
  3. 2Interpretation
  4. 3Application of prohibitions and requirements outside the United Kingdom
  5. 4Purposes
  6. Part 2: Designation of persons
  7. 5Power to designate persons
  8. 5AConditions for the designation of persons by name
  9. 6Designation criteria: meaning of “involved person”
  10. 7Meaning of “owned or controlled directly or indirectly”
  11. 8Notification and publicity where designation power used
  12. 9Confidential information in certain cases where designation power used
  13. 10Designation of persons named by or under UN Security Council Resolutions
  14. Part 3: Specification of ships
  15. 11Specification of ships
  16. 12Notification and publicity where specification power used
  17. Part 4: Finance
  18. Chapter 1: Asset-freeze etc.
  19. 13Asset-freeze in relation to designated persons
  20. 14Making funds available to designated person
  21. 15Making funds available for benefit of designated person
  22. 16Making economic resources available to designated person
  23. 17Making economic resources available for benefit of designated person
  24. Chapter 2: Investment, financial services and financial markets
  25. 18UK credit or financial institutions: accounts and correspondent banking relationships etc.
  26. 19UK credit or financial institutions: severance of existing financial relationships
  27. 20Opening of or taking up of business by a representative office, branch or subsidiary of DPRK credit or financial institution
  28. 21DPRK credit or financial institutions: branches, subsidiaries, and representative offices
  29. 22Acquisition or extension of ownership interest by a DPRK credit or financial institution
  30. 23Designated persons: closure of representative offices
  31. 24Business arrangements with designated persons
  32. 25Bank accounts for diplomatic missions etc.
  33. 26Investment and commercial activities
  34. 27Land Repealed
  35. 28Transfers of funds etc.
  36. 29Insurance and reinsurance services in relation to ships
  37. 30Sale or purchase of bonds
  38. Chapter 3: Interpretation and further provision
  39. 31Circumventing etc. prohibitions
  40. 31ATrade: end-use control
  41. 32Meaning of “designated person” in Part 4
  42. 33Interpretation of Part 4
  43. Part 4A: Director disqualification sanctions
  44. 33ADirector disqualification sanctions
  45. Part 5: Immigration
  46. 34Immigration
  47. Part 6: Trade
  48. Chapter 1: Military, dual-use and other arms- and WMD-related goods and military, dual-use and other arms- and WMD-related technology
  49. 35Exports of restricted goods
  50. 36Imports of restricted goods
  51. 37Supply and delivery of restricted goods
  52. 38Sale and purchase etc. of restricted goods and restricted technology
  53. 39Transfer of restricted technology
  54. 40Technical assistance relating to restricted goods and restricted technology
  55. 41Financial services and funds relating to restricted goods and restricted technology
  56. 42Brokering services: non-UK activity relating to restricted goods and restricted technology
  57. Chapter 2: Other goods, technology , services and land
  58. 43Goods and technology for armed forces of the DPRK
  59. 44Armed forces goods and technology
  60. 45Exports of certain goods
  61. 46Supply and delivery of certain goods to the DPRK
  62. 47Sale etc. of certain goods
  63. 48Imports of certain goods
  64. 49Supply and delivery of certain goods from the DPRK
  65. 50Purchase etc. of certain goods and rights
  66. 51Bank notes and coinage
  67. 52Gold, precious metals or diamonds
  68. 53Technical assistance relating to gold, precious metals or diamonds
  69. 54Financial services and funds relating to gold, precious metals or diamonds
  70. 55Brokering services: non-UK activity relating to gold, precious metals or diamonds
  71. 56Mining, manufacturing and computer services
  72. 57Financial support for trade
  73. 57ALand
  74. Chapter 3: Services relating to ships and aircraft
  75. 58Leasing or chartering of ships and aircraft
  76. 59Crew services for ships and aircraft
  77. 60Ship classification services
  78. 61Bunkering or ship supply services
  79. Chapter 4: Interpretation and further provision
  80. 62Circumventing etc. prohibitions
  81. 63Defences
  82. 64Interpretation of Part 6
  83. Part 7: Aircraft
  84. 65Movement of aircraft
  85. 66Directions under regulation 65: supplementary
  86. 67Offences
  87. 68Interpretation of Part 7
  88. Part 8: Ships
  89. 69Ownership etc. of DPRK ships
  90. 70Dealing with UN-designated ships subject to asset-freeze
  91. 71Prohibition on port entry
  92. 72Directions prohibiting port entry
  93. 73Movement of ships
  94. 74DPRK ships: transfers of goods
  95. 75Detention of ships
  96. 76Registration etc. of ships in the DPRK
  97. 77Registration of ships in the United Kingdom
  98. 78Circumventing etc. prohibitions
  99. 79Defences
  100. 80Interpretation of Part 8
  101. Part 9: Exceptions and licences
  102. 81Asset-freeze etc.: exceptions from prohibitions
  103. 81ZAAsset-freeze etc.: exception from prohibitions for required payments
  104. 81AFinance: humanitarian exception
  105. 82Land: exceptions from prohibitions
  106. 83Transfers of funds: exceptions from prohibitions
  107. 84Trade: exceptions from prohibitions
  108. 85Aircraft: exceptions from prohibition
  109. 86Ships: exceptions from prohibitions on port entry
  110. 86AException for authorised conduct in a relevant country
  111. 87Exception for acts done for purposes of national security or prevention of serious crime
  112. 88Treasury licences
  113. 89Treasury directions
  114. 89ADirector disqualification licences
  115. 90Trade licences
  116. 91Aircraft licences
  117. 92Ship licences
  118. 93Licences: general provisions
  119. 94Treasury directions: general provisions
  120. 95Finance: licensing offences
  121. 95ADirector disqualification: licensing offences
  122. 96Trade: licensing offences
  123. 97Ships and aircraft: licensing offences
  124. 98Section 8B(1) to (3) of Immigration Act 1971: directions
  125. Part 10: Information and records
  126. 99Finance: reporting obligations
  127. 99AFinance: reporting obligations for required payments
  128. 100“Relevant firm”
  129. 101Proliferation financing
  130. 102Finance: powers to request information
  131. 103Finance: production of documents
  132. 104Finance: information offences
  133. 105Trade: application of information powers in CEMA
  134. 106General trade licences: records
  135. 107General trade licences: inspection of records
  136. 108Disclosure of information
  137. 108AFinance: disclosure to the Treasury
  138. 109Part 10: supplementary
  139. Part 11: Enforcement
  140. 110Penalties for offences
  141. 111Liability of officers of bodies corporate etc.
  142. 112Jurisdiction to try offences
  143. 113Procedure for offences by unincorporated bodies
  144. 114Time limit for proceedings for summary offences
  145. 115Trade enforcement: application of CEMA
  146. 116Trade offences in CEMA: modification of penalty Repealed
  147. 117Application of Chapter 1 of Part 2 of Serious Organised Crime and Police Act 2005
  148. 118Monetary penalties
  149. Part 12: Maritime enforcement
  150. 119Exercise of maritime enforcement powers
  151. 120Maritime enforcement officers
  152. 121Power to stop, board, search etc.
  153. 122Seizure power
  154. 123Restrictions on exercise of maritime enforcement powers
  155. 124Interpretation of Part 12
  156. Part 13: Supplementary and final provision
  157. 125Directions under Parts 7 and 8
  158. 126Notices
  159. 127Article 20 of the Export Control Order 2008
  160. 128Trade: overlapping offences
  161. 129Amendment of the United Nations and European Union Financial Sanctions (Linking) Regulations 2017
  162. 130Revocations
  163. 131Transitional provision: Treasury licences
  164. 132Transitional provision: trade licences
  165. 133Transitional provision: pending applications for trade licences
  166. 134Transitional provision: prior obligations etc.
  167. Signature
  168. Schedule 1: Rules for interpretation of regulation 7(2)
  169. 1Application of Schedule
  170. 2Joint interests
  171. 3Joint arrangements
  172. 4Calculating shareholdings
  173. 5Voting rights
  174. 6Paragraph 6
  175. 7Rights to appoint or remove members of the board
  176. 8Paragraph 8
  177. 9Shares or rights held “indirectly”
  178. 10Shares held by nominees
  179. 11Rights treated as held by person who controls their exercise
  180. 12Paragraph 12
  181. 13Rights exercisable only in certain circumstances etc.
  182. 14Rights attached to shares held by way of security
  183. Schedule 2: Other arms- and WMD-related goods and technology
  184. 1Interpretation
  185. 2Principal element
  186. 3Nuclear materials, facilities, and equipment
  187. 4Paragraph 4
  188. 5Paragraph 5
  189. 6Paragraph 6
  190. 7Paragraph 7
  191. 8Paragraph 8
  192. 9Paragraph 9
  193. 10Paragraph 10
  194. 11Paragraph 11
  195. 12Paragraph 12
  196. 13Paragraph 13
  197. 14Paragraph 14
  198. 15Paragraph 15
  199. 16Paragraph 16
  200. 17Special materials and related equipment
  201. 18Paragraph 18
  202. 19Paragraph 19
  203. 20Paragraph 20
  204. 21Paragraph 21
  205. 22Paragraph 22
  206. 23Paragraph 23
  207. 24Paragraph 24
  208. 25Paragraph 25
  209. 26Paragraph 26
  210. 27Paragraph 27
  211. 28Paragraph 28
  212. 29Paragraph 29
  213. 30Paragraph 30
  214. 31Paragraph 31
  215. 32Paragraph 32
  216. 33Paragraph 33
  217. 34Paragraph 34
  218. 35Paragraph 35
  219. 36Paragraph 36
  220. 37Paragraph 37
  221. 38Paragraph 38
  222. 39Paragraph 39
  223. 40Paragraph 40
  224. 41Paragraph 41
  225. 42Materials processing
  226. 43Paragraph 43
  227. 44Paragraph 44
  228. 45Paragraph 45
  229. 46Paragraph 46
  230. 47Paragraph 47
  231. 48Paragraph 48
  232. 49Paragraph 49
  233. 50Paragraph 50
  234. 51Paragraph 51
  235. 52Paragraph 52
  236. 53Paragraph 53
  237. 54Paragraph 54
  238. 55Paragraph 55
  239. 56Paragraph 56
  240. 57Paragraph 57
  241. 58Electronics
  242. 59Paragraph 59
  243. 60Paragraph 60
  244. 61Paragraph 61
  245. 62Sensors and lasers
  246. 63Paragraph 63
  247. 64Paragraph 64
  248. 65Paragraph 65
  249. 66Paragraph 66
  250. 67Paragraph 67
  251. 68Paragraph 68
  252. 69Paragraph 69
  253. 70Paragraph 70
  254. 71Paragraph 71
  255. 72Paragraph 72
  256. 73Paragraph 73
  257. 74Paragraph 74
  258. 75Paragraph 75
  259. 76Navigation and avionics
  260. 77Aerospace and propulsion
  261. 78Paragraph 78
  262. 79Paragraph 79
  263. 80Software and Technology
  264. 81Certain key components for the ballistic-missile sector.
  265. Schedule 3: Treasury licences: purposes
  266. Part 1: Designated Persons
  267. 1Basic needs
  268. 2Legal services
  269. 3Maintenance of frozen funds and economic resources
  270. 4Extraordinary expenses
  271. 5Pre-existing judicial decisions etc. Repealed
  272. 6Humanitarian assistance activities etc.
  273. 7Diplomatic missions etc.
  274. Part 1A: Purposes relating only to UN designated persons
  275. 7APre-existing judicial decisions etc.
  276. Part 2: Non-UN designated persons
  277. 8Prior obligations
  278. 9Extraordinary situation
  279. 9AInsolvency
  280. 9BJudicial decisions etc.
  281. Part 3: Interpretation
  282. 10Paragraph 10
  283. Explanatory note