# Council Implementing Decision (CFSP) 2017/1459 of 10 August 2017 implementing Decision (CFSP) 2016/849 concerning restrictive measures against the Democratic People's Republic of Korea, Division B: Entities

Extent: E+W+S+N.I.

Name
Alias
Location
Date of UN designation
Other information
47.
Foreign Trade Bank
FTB Building, Jungsong-dong, Central District, Pyongyang, DPRK
4.8.2017
Foreign Trade Bank is a state-owned bank and acts as the DPRK's primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation.
48.
Korean National Insurance Company (KNIC)
Korea National Insurance Corporation (KNIC)
Korea Foreign Insurance Company
Central District, Pyongyang, DPRK
4.8.2017
The Korean National Insurance Company is a DPRK financial and insurance company and is affiliated with Office 39.
49.
Koryo Credit Development Bank
Daesong Credit Development Bank; Koryo Global Credit Bank; Koryo Global Trust Bank
Pyongyang, DPRK
4.8.2017
Koryo Credit Development Bank operates in the financial services industry in the DPRK's economy.
50.
Mansudae Overseas Project Group of Companies
Mansudae Art Studio
Pyongyang, DPRK
4.8.2017
Mansudae Overseas Project Group of Companies engaged in, facilitated, or was responsible for the exportation of workers from the DPRK to other nations for construction-related activities including for statues and monuments to generate revenue for the Government of the DPRK or the Workers' Party of Korea. The Mansudae Overseas Project Group of Companies has been reported to conduct business in countries in Africa and Southeast Asia including Algeria, Angola, Botswana, Benin, Cambodia, Chad, the Democratic Republic of the Congo, Equatorial Guinea, Malaysia, Mozambique, Madagascar, Namibia, Syria, Togo, and Zimbabwe.

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Source: https://www.legislation.gov.uk/eudn/2017/1459/annex/division/B (the official version)
Page: https://openlegislation.uk/eu-decision-2017-1459/annex/division-B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.