FROM A
DIFFERENT ANGLE by Kenneth Rijock
Financial Crime Consultant, for World-Check
Alert: US and Japan threaten new sanctions against North Korea
29 April 2007

The leaders of the United States and Japan have mutually threatened the Democratic Peoples Republic of Korea, North Korea, with new sanctions unless it shuts down its main nuclear facility, a requirement that the DPRK failed to comply with on schedule two weeks ago. North Korea has argued that it will not act until it has access to the funds frozen in its accounts at Banco Delta Asia. Whatever its excuse, the US may now levy new sanctions.

Money laundering reporting officers and compliance officers should closely monitor  World-Check, as we will post any new sanctions issued by either the US or Japan immediately they are released.

The facts and opinions stated in this article are those of the author and not those of World-Check. World-Check does not warrant the accuracy of any facts and opinions stated in this article, does not endorse them, and accepts no responsibility for them.

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