Division (5) In Annex XVI to Regulation (EU) 2017/1509, Part (b) (‘Legal persons, entities and bodies’), entry 4 is replaced by the following:
United Kingdom
Name (and possible aliases) Location Date of designation Reasons ‘4. Pan Systems Pyongyang
a.k.a. Wonbang Trading Co.; Glocom; International Golden Services; International Global System
Address: Room 818, Pothonggang Hotel, Ansan-Dong, Pyongchon district, Pyongyang, DPRK. 16.10.2017 Pan Systems has assisted in the evasion of sanctions imposed by the United Nations Security Council through the attempted sale of arms and related materiel to Eritrea.
Pan Systems is also controlled by and works on behalf of the Reconnaissance General Bureau, an entity which has been designated by the United Nations.’.