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The Democratic People's Republic of Korea (Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2013 - Advisory Warning No. 5 of 2014 (13 August 2014)

Advisory Warning No. 5 of 2014

13 August, 2014

ADVISORY WARNING

 

The Democratic People's Republic of Korea (Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2013

(U.K.S.I. 2013 No. 2599)

 

Tortola, British Virgin Islands – 13 August 2014 - The British Virgin Islands Financial Services Commission (the “FSC”) is advising the public that on 9th October 2013, The Democratic People's Republic of Korea (Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2013 (the “Order”) was ratified and extended to the Territory.

NOTICE IS HEREBY GIVEN that this Order has been extended to the Territory by virtue of Schedule 1 to the Democratic People's Republic of Korea (Sanctions) (Overseas Territories) Order 2012 (“the principal Order”).

AND NOTICE IS FURTHER GIVEN that this Order further amends the Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2012.

This Order extends the application of the sanctions to the persons, entities or bodies set out in Annex Va of Council Regulation (EU) No 696/2013. Annex Va of the Council Regulation lists persons, entities or bodies working on behalf of or at the direction of a person, entity or body that have themselves been designated for engaging in or supporting DPRK’s nuclear, ballistic missile or other WMD programmes or for supplying arms to or from DPRK, or persons assisting in the evasion of sanctions or violating the provisions of Council Regulation No 329/2007 or Council Decision 2013/183/CFSP.

The European Union in Council Regulation 239/2007 of 27th March, 2007 may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2007:088:0001:0011:en:PDF

The European Union in Council Decision 2013/183 CFSP of 22nd April, 2013 may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:111:0052:0074:EN:PDF

The European Union in Council Regulation 696/2013 of 22nd July, 2013 may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:198:0022:0027:EN:PDF

The Democratic People's Republic of Korea (Sanctions) (Overseas Territories) (Amendment) (No.2) Order 2013 may be viewed in its entirety at the following URL:

 http://www.legislation.gov.uk/uksi/2013/2599/made

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Contact Information

British Virgin Islands Financial Services Commission


Pasea Estate
P.O. Box 418
Road Town, Tortola, VG 1110
British Virgin Islands

Tel: 284-494-1324 or 284-494-4190 GMT – 4:00
Fax: 284-494-5016
Hours: Monday-Friday 8:30a.m. - 4:30p.m.
commissioner@bvifsc.vg