# L_2015174EN.01001601.xml

| 3.7.2015 | EN | Official Journal of the European Union | L 174/16 |
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3.7.2015

EN

Official Journal of the European Union

L 174/16

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COMMISSION IMPLEMENTING REGULATION (EU) 2015/1062

of 2 July 2015

amending Council Regulation (EC) No 329/2007 concerning restrictive measures against the Democratic People's Republic of Korea

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Council Regulation (EC) No 329/2007 of 27 March 2007 concerning restrictive measures against the Democratic People's Republic of Korea (1), and in particular Article 13(1)(e) thereof,

Whereas:

| (1) | Annex V to Regulation (EC) No 329/2007 lists persons, entities and bodies who, having been designated by the Council, are covered by the freezing of funds and economic resources under that Regulation. |
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(1)

Annex V to Regulation (EC) No 329/2007 lists persons, entities and bodies who, having been designated by the Council, are covered by the freezing of funds and economic resources under that Regulation.

| (2) | On 2 July 2015, the Council decided to add one entity and six persons to the list of persons, entities and bodies to whom the freezing of funds and economic resources should apply. Annex V should therefore be updated. |
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(2)

On 2 July 2015, the Council decided to add one entity and six persons to the list of persons, entities and bodies to whom the freezing of funds and economic resources should apply. Annex V should therefore be updated.

| (3) | In order to ensure that the measures provided for in this Regulation are effective, this Regulation must enter into force immediately, |
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(3)

In order to ensure that the measures provided for in this Regulation are effective, this Regulation must enter into force immediately,

HAS ADOPTED THIS REGULATION:

Article 1

Annex V of Regulation (EC) No 329/2007 is amended in accordance with the Annex to this Regulation.

Article 2

This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 2 July 2015.

For the Commission,

On behalf of the President,

Head of the Service for Foreign Policy Instruments

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(1)  
  OJ L 88, 29.3.2007, p. 1.

1

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ANNEX

Annex V to Regulation (EC) No 329/2007 is amended as follows:

| (a) | The following entries are added under the heading ‘C. Natural persons referred to in Article 6(2)(b)’: | Name (and possible aliases) | Identifying information | Statement of Reasons |
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| ‘1. | KIM Il-Su | Rahlstedter Strasse 83 a, 22149 Hamburg
  Date of birth: 2.9.1965
  Place of birth: Pyongyang, DPRK | Authorised plenipotentiary representative of the EU-designated KNIC GmbH, acting on behalf of KNIC or at its direction. |
| 2. | KANG Song-Nam | Rahlstedter Strasse 83 a, 22149 Hamburg
  Date of birth: 5.7.1972
  Place of birth: Pyongyang, DPRK | Authorised plenipotentiary representative of the EU-designated KNIC GmbH, acting on behalf of KNIC or at its direction. |
| 3. | CHOE Chun-Sik | Rahlstedter Strasse 83 a, 22149 Hamburg
  Date of birth: 23.12.1963
  Place of birth: Pyongyang, DPRK
  Passport No 745132109. Valid until 12.2.2020 | Authorised plenipotentiary representative of the EU-designated KNIC GmbH, acting on behalf of KNIC or at its direction. |
| 4. | SIN Kyu-Nam | Date of birth: 12.9.1972
  Place of birth: Pyongyang, DPRK
  Passport No: PO472132950 | Head of department of KNIC Headquarters in Pyongyang and former authorised plenipotentiary representative of KNIC GmbH Hamburg. Acting on behalf of KNIC or at its direction. |
| 5. | PAK Chun-San | Date of birth: 18.12.1953
  Place of birth: Phyongan, DPRK
  Passport No: PS472220097 | Head of Department of KNIC Headquarters in Pyongyang and former authorised plenipotentiary representative of KNIC GmbH Hamburg. Acting on behalf of KNIC or at its direction. |
| 6. | SO Tong Myong | Date of birth: 10.9.1956 | Managing Director of KNIC Gmbh Hamburg, acting on behalf of KNIC or at its direction.’ |

(a)

The following entries are added under the heading ‘C. Natural persons referred to in Article 6(2)(b)’:

Name (and possible aliases)

Identifying information

Statement of Reasons

‘1.

KIM Il-Su

Rahlstedter Strasse 83 a, 22149 Hamburg

Date of birth: 2.9.1965

Place of birth: Pyongyang, DPRK

Authorised plenipotentiary representative of the EU-designated KNIC GmbH, acting on behalf of KNIC or at its direction.

2.

KANG Song-Nam

Rahlstedter Strasse 83 a, 22149 Hamburg

Date of birth: 5.7.1972

Place of birth: Pyongyang, DPRK

Authorised plenipotentiary representative of the EU-designated KNIC GmbH, acting on behalf of KNIC or at its direction.

3.

CHOE Chun-Sik

Rahlstedter Strasse 83 a, 22149 Hamburg

Date of birth: 23.12.1963

Place of birth: Pyongyang, DPRK

Passport No 745132109. Valid until 12.2.2020

Authorised plenipotentiary representative of the EU-designated KNIC GmbH, acting on behalf of KNIC or at its direction.

4.

SIN Kyu-Nam

Date of birth: 12.9.1972

Place of birth: Pyongyang, DPRK

Passport No: PO472132950

Head of department of KNIC Headquarters in Pyongyang and former authorised plenipotentiary representative of KNIC GmbH Hamburg. Acting on behalf of KNIC or at its direction.

5.

PAK Chun-San

Date of birth: 18.12.1953

Place of birth: Phyongan, DPRK

Passport No: PS472220097

Head of Department of KNIC Headquarters in Pyongyang and former authorised plenipotentiary representative of KNIC GmbH Hamburg. Acting on behalf of KNIC or at its direction.

6.

SO Tong Myong

Date of birth: 10.9.1956

Managing Director of KNIC Gmbh Hamburg, acting on behalf of KNIC or at its direction.’

| (b) | The following entry is added under the heading ‘D. Legal persons, entities and bodies referred to in Article 6(2)(b)’: | Name (and possible aliases) | Identifying information | Reasons |
| --- | --- | --- | --- | --- |
| ‘1. | Korea National Insurance Company (KNIC) GmbH
  (alias Korea Foreign Insurance Company) | Rahlstedter Strasse 83 a, 22149 Hamburg | KNIC GmbH, as a subsidiary controlled by KNIC headquarters in Pyongyang (address Haebangsan-dong, Central District, Pyongyang, DPRK), a government entity, is generating substantial foreign exchange revenue which is used to support the regime in North Korea. Those resources could contribute to the DPRK's nuclear-related, ballistic missile-related or other weapons of mass destruction-related programmes.
  Furthermore, the KNIC headquarters Pyongyang is linked to Office 39 of the Korean Worker's Party, a designated entity.’ |

(b)

The following entry is added under the heading ‘D. Legal persons, entities and bodies referred to in Article 6(2)(b)’:

Name (and possible aliases)

Identifying information

Reasons

‘1.

Korea National Insurance Company (KNIC) GmbH

(alias Korea Foreign Insurance Company)

Rahlstedter Strasse 83 a, 22149 Hamburg

KNIC GmbH, as a subsidiary controlled by KNIC headquarters in Pyongyang (address Haebangsan-dong, Central District, Pyongyang, DPRK), a government entity, is generating substantial foreign exchange revenue which is used to support the regime in North Korea. Those resources could contribute to the DPRK's nuclear-related, ballistic missile-related or other weapons of mass destruction-related programmes.

Furthermore, the KNIC headquarters Pyongyang is linked to Office 39 of the Korean Worker's Party, a designated entity.’

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