Financial Representatives
Today， pursuant to E.O. 13810 or E.O. 13687， OFAC designated five additional North Korean individuals linked to North Korean financial networks. In UNSCR 2321 of 2016， the UN Security Council decided that， if a Member State determines that an individual is working on behalf of or at the direction of a DPRK bank or financial institution， then Member States shall expel the individual from their territories. With today＇s action， the United States has identified 26 such North Korean financial representatives in China， and several others located elsewhere. The following individuals are now designated：
•ﻩChoe Song Nam， UN－ and U.S.－designated Daesong Bank representative in Shenyang， China. As of late 2016， he reportedly held an account at a Chinese bank.
•ﻩKo Il Hwan， UN－ and U.S.－designated Daesong Bank official in Shenyang， China.
•ﻩPaek Jong Sam， reportedly a Kumgang Group Bank representative in Shenyang， China. He operates in the financial services industry in North Korea， and he reportedly is affiliated with several Chinese bank accounts and companies.
•ﻩKim Chol， UN－ and U.S.－designated Korea United Development Bank representative in Dalian， China. As of 2016， he reportedly held an account at a Chinese bank.
•ﻩRi Myong Hun， reportedly was UN－ and U.S.－designated Foreign Trade Bank representative in Vladivostok， Russia.
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