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Exception Tracking Spreadsheet (TicklerTrax™)
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OFAC targets supporters of DPRK weapons programs

The Treasury Department on Wednesday announced that OFAC had designated five Democratic People’s Republic of Korea (DPRK) individuals—Choe Myong Hyon, Sim Kwang Sok, Kim Song Hun, Kang Chol Hak, and Pyon Kwang Chol—responsible for procuring goods for the DPRK’s weapons of mass destruction (WMD) and ballistic missile-related programs. These actions are in line with U.S. efforts to prevent the advancement of the DPRK’s WMD and ballistic missile programs and impede attempts by Pyongyang to proliferate related technologies.

In a related action, the Department of State designated DPRK national O Yong Ho, Russian national Roman Anatolyevich Alar, and Russian entity Parsek LLC pursuant to E.O. 13382 for having engaged in activities or transactions that have materially contributed to the proliferation of weapons of mass destruction or their means of delivery by DPRK.

See the January 12, 2022, BankersOnline OFAC Update for identification information for the designated individuals and entity.

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