This Reserve Bank of India (RBI) circular, DOR.AML.REC.5514.06.001/2022-23, dated July 13, 2022, addresses the implementation of United Nations Security Council Resolution (UNSCR) 1718 sanctions related to the Democratic People's Republic of Korea (DPRK). It follows up on circular DoR.AML.REC.03/4.06.001/2021-22 dated April 08, 2021.
The circular informs Regulated Entities (REs) of amendments made on June 30, 2022, to the UNSCR 1718 Sanctions List, specifically regarding individual KPi.029, Pak Chun Il. The Ministry of External Affairs (MEA) has provided notification of these changes, which REs are instructed to note and meticulously comply with. The updated list is hyperlinked on the MEA website under the "Implementation of UNSC Sanctions DPRK" webpage (https://www.mea.gov.in/ImplementationofUNSCSanctionsDPRK.htm).
REs are reminded to verify the UNSCR 1718 Sanctions List daily and adhere to the Implementation of Security Council Resolution on Democratic Peoples Republic of Korea Order, 2017, as amended.
Contact information for the Department of Regulation, Central Office, is provided: Central Office Building, 12th-13th Floor, Shahid Bhagat Singh Marg, Fort, Mumbai 400001; Tel No: 22661602, 22601000; Fax No: 022-2270 5691. The circular is signed by Santosh Kumar Panigrahy, Chief General Manager.
Key Entities Referenced
Reserve Bank of India: The central bank of India, which issued the circular.
UNSCR 1718 Sanctions Committee: A committee of the United Nations Security Council responsible for sanctions related to North Korea.
Democratic People's Republic of Korea: Also known as North Korea, the country subject to the sanctions regime referenced in the circular.
Ministry of External Affairs: The Indian government ministry responsible for foreign affairs, which provides updates on UNSC sanctions related to North Korea.
UNSC Sanctions DPRK webpage: A webpage of the Ministry of External Affairs providing information on UNSC sanctions related to North Korea.
Pak Chun Il: A North Korean individual, formerly the DPRK Ambassador to Egypt, whose entry on the UNSCR 1718 Sanctions List was amended.
Egypt: Country where Pak Chun Il previously served as the DPRK Ambassador.
KOMID: Organization that Pak Chun Il provided support to.
भारतीय �रज़व� ब�क
RESERVE BANK OF INDIA
www.rbi.org.in
RBI/2022-2023/91
DOR.AML.REC.55/14.06.001/2022-23 July 13, 2022
The Chairpersons/CEOs of all the Regulated Entities
Madam/Dear Sir,
UNSCR 1718 Sanctions Committee on DPRK amends one Entry on its Sanctions
List
Please refer to our circular DoR.AML.REC.03/14.06.001/2021-22 dated April 08, 2021
advising Regulated Entities (REs) to adhere to the ‘Implementation of Security Council
Resolution on Democratic People’s Republic of Korea Order, 2017’ as amended from
time to time by the Central Government and also verify every day, the ‘UNSCR 1718
Sanctions List of Designated Individuals and Entities‘, as hyperlinked in ‘Implementation
of UNSC Sanctions (DPRK)‘ webpage of the Ministry of External Affairs (MEA) website
at https://www.mea.gov.in/Implementation-of-UNSC-Sanctions-DPRK.htm to take note
of the modifications to the list in terms of additions, deletions or other changes.
2. In this connection, Ministry of External Affairs (MEA) has informed that on June 30,
2022, the Committee established pursuant to UNSC Resolution has enacted the
amendments on its Sanction List of individuals and entities specified with strikethrough
and/or underline in the entry below
A. Individual
KPi.029 Name: 1: PAK 2: CHUN 3: IL 4: na Title: na Designation: Served as DPRK
Ambassador to Egypt DOB: 28 Jul. 1954 POB: na Good quality a.k.a.: na Low quality
a.k.a.: na Nationality: Democratic People's Republic of Korea Passport no: 563410091
National identification no: na Address: na Listed on: 30 Nov. 2016 (amended on 30
Jun. 2022) Other information: Pak Chun Il has served as the DPRK Ambassador to Egypt
and provides support to KOMID. He concluded his tour of duty and left Egypt on 15
November 2016.
िविनयमन िवभाग, क�द्रीय काया�लय, क�द्रीय काया�लय भवन, 12वी/ं 13वी ं मंिज़ल, शहीद भगत िसंह माग�, फोट�, मुंबई- 400001
टेलीफोन/ Tel No: 22661602, 22601000 फै�/ Fax No: 022-2270 5691
Department of Regulation, Central Office, Central Office Building, 12th/ 13th Floor, Shahid Bhagat Singh Marg, Fort, Mumbai - 400001
"Caution: RBI never sends mails, SMSs or makes calls asking for personal information like bank account details, passwords, etc. It never keeps or offers funds to anyone. Please
do not respond in any manner to such offers."3. REs are advised to take note of the aforementioned instructions regarding Security
Council Resolution on DPRK and ensure meticulous compliance.
Yours faithfully,
(Santosh Kumar Panigrahy)
Chief General Manager