(F) have knowingly, directly or indirectly, 
engaged in significant activities undermining 
cyber security for, in support of on behalf of, 
the Government of North Korea or any senior 
official thereof, or have knowingly contributed 
to the bribery of an official of the Government 
of North Korea, the misappropriation, theft, or 
embezzlement of public funds by, or for the 
benefit of, an official of the Government of 
North Korea, or the use of any proceeds of any 
such conduct; or 
(G) have knowingly and materially as-
sisted, sponsored, or provided significant finan-
cial, material, or technological support for, or 
goods or services to or in support of, the con-
duct described in subparagraphs (A) through 
(F) of this paragraph or the conduct described 
in subparagraphs (A) through (G) of subsection 
(a)(1). 
(2) EFFECT OF DESIGNATION.—With respect to 
any person designated under this subsection, the 
President— 
(A) may apply the sanctions described in 
section 204; 
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(B) may apply any of the special measures 
described in section 5318A of title 31, United 
States Code; 
(C) may prohibit any transactions in for-
eign exchange that are subject to the jurisdic-
tion of the United States and in which such 
person has any interest; 
(D) may prohibit any transfers of credit or 
payments between financial institutions or by, 
through, or to any financial institution, to the 
extent that such transfers or payments are sub-
ject to the jurisdiction of the United States and 
involve any interest of the person; and 
(E) may exercise the authorities of the 
International Emergency Economic Powers Act 
(50 U.S.C. 1705 et seq.) without regard to sec-
tion 202 of such Act to block any property and 
interests in property of any person designated 
under this subsection that are in the United 
States, that hereafter come within the United 
States, or that are or hereafter come within the 
possession or control of any United States per-
son, including any overseas branch. 
(3) LIMITATION.—If the President determines 
that a person has engaged in any conduct described 
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in subparagraphs (A) through (F) of paragraph (1) 
that may also be construed to constitute conduct de-
scribed in subparagraphs (A) through (H) of sub-
section (a)(1), the President may not designate the 
person under this subsection but rather shall des-
ignate the person under subsection (a). 
(c) BLOCKING OF ALL PROPERTY AND INTERESTS 
IN PROPERTY OF THE GOVERNMENT OF NORTH KOREA 
AND THE WORKER’S PARTY OF KOREA.—Except as pro-
vided in section 207, the President shall exercise the au-
thorities of the International Emergency Economic Pow-
ers Act (50 U.S.C. 1705 et seq.) to block all property and 
interests in property of the Government of North Korea 
or the Worker’s Party of Korea that on or after the date 
of the enactment of this Act come within the United 
States, or that come within the possession or control of 
any United States person, including any overseas branch. 
(d) APPLICATION.—The designation of a person 
under subsection (a) or (b) and the blocking of property 
and interests in property under subsection (c) shall also 
apply with respect to a person who is determined to be 
owned or controlled by, or to have acted or purported to 
act for or on behalf of, directly or indirectly, any person 
whose property and interests in property are blocked pur-
suant to this section. 
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(e) LICENSING.— 
(1) LICENSE REQUIRED.—Not later than 180 
days after the date of enactment of this Act, the 
President shall promulgate regulations prohibiting 
United States persons from engaging in any trans-
action involving any property— 
(A) in which the Government of North 
Korea has an interest; 
(B) located in North Korea; 
(C) of North Korean origin; or 
(D) knowingly transferred, directly or indi-
rectly, to the Government of North Korea. 
(2) TRANSACTION LICENSING.—The President 
shall deny or revoke any license for any transaction 
that, in the determination of the President, lacks 
sufficient financial controls to ensure that such 
transaction will not facilitate any of the conduct de-
scribed in subsection (a) or subsection (b). 
(3) LICENSING AUTHORIZATION.— 
(A) IN
GENERAL.—Subject to subpara-
graph (B), the President may issue regulations 
to authorize— 
(i) transactions for the purposes de-
scribed in section 207; and 
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(ii) transactions and activities author-
ized under North Korean Human Rights 
Act of 2004 (22 U.S.C. 7801 et seq.). 
(B) PROHIBITION.—The President may 
not issue regulations to authorize transactions 
under clause (i) or (ii) of subparagraph (A) if 
such transactions include any transactions with 
the Government of North Korea. 
SEC. 105. FORFEITURE OF PROPERTY. 
(a) AMENDMENT TO PROPERTY SUBJECT TO FOR-
FEITURE.—Section 981(a)(1) of title 18, United States 
Code, is amended by adding at the end the following new 
subparagraph: 
‘‘(I) Any property, real or personal, that is in-
volved in a violation or attempted violation, or which 
constitutes or is derived from proceeds traceable to 
a violation, of section 104(a) of the North Korea 
Sanctions Enforcement Act of 2015.’’. 
(b) AMENDMENT
TO DEFINITION
OF CIVIL FOR-
FEITURE STATUTE.—Section 983(i)(2)(D) of title 18, 
United States Code, is amended— 
(1) by striking ‘‘or the International Emergency 
Economic Powers Act’’ and inserting ‘‘, the Inter-
national Emergency Economic Powers Act’’; and 
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