Monetary Authority of Singapore (Sanctions and Freezing of Assets of Persons — Democratic People’s Republic of Korea) Regulations 2016

  Table of Contents

  Enacting Formula

1 Citation and commencement

2 Object

3 Application

4 Definitions

5 Prohibition against providing financial services or transferring assets or resources for nuclear-related programmes and activities, etc.

6 Prohibition against providing financial services or transferring assets or resources for procurement of certain minerals, etc.

7 Prohibition against entering into financial transactions or providing financial assistance or services, etc., in relation to designated import items or designated export items, etc.

8 Prohibition against certain activities in Democratic People’s Republic of Korea and transactions involving prohibited banks

9 Assets of certain persons to be frozen

10 Freezing of assets of entities of Government of Democratic People’s Republic of Korea and Worker’s Party of Korea

11 General prohibition

12 Duty to provide information

13 Revocation and transitional provision