,,ii  #aac? ,,congress  #b;d ,session   
,s4 #cjab  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,decemb] #ab1 #bjad,mr4
 ,m55dez introduc$ ! foll[+ bill2 :i* 0 
read twice & ref]r$ to ! ,committee on  
,=eign ,relations  ,a ,,bill  ,to       
improve ! en=cem5t ( sanctions aga9/ !  
,gov]nm5t ( ,nor? ,korea1 & = o!r       
purposes4  #a4 ,%ort title2 table (     
cont5ts  7a7 ,%ort title ,?is ,act may  
be cit$ z ! ,nor? ,korea ,sanctions     
,en=cem5t ,act ( #bjad4  7b7 ,table (   
cont5ts ,! table ( cont5ts = ?is ,act is
 z foll[s3 ,sec4 #a4 ,%ort title2 table 
( cont5ts4 ,sec4 #b4 ,f9d+s2 purposes4  
,sec4 #c4 ,def9itions4 ,,title          
,i--,inve/igations1 prohibit$ conduct1 &
 p5alties ,sec4 #aja4 ,/atem5t ( policy4
 ,sec4 #ajb4 ,inve/igations4 ,sec4 #ajc4
 ,brief+ to ,congress4 ,sec4 #ajd4      
,designation ( p]sons4 ,sec4 #aje4      
,=feiture ( prop]ty4 ,,title            
,,ii--,sanctions ,aga9/ ,nor? ,korean   
,prolif]ation1 ,human ,rights ,abuses1 &
 ,illicit ,activities ,sec4 #bja4       

,det]m9ations ) respect to ,nor? ,korea 
z a jurisdiction ( prim>y money laund]+ 
conc]n4 ,sec4 #bjb4 ,ensur+ ! consi/5t  
en=cem5t ( ,unit$ ,nations ,security    
,c\ncil resolutions & f9ancial          
re/rictions on ,nor? ,korea4 ,sec4 #bjc4
 ,prolif]ation prev5tion sanctions4     
,sec4 #bjd4 ,procurem5t sanctions4 ,sec4
 #bje4 ,enhanc$ inspection au?orities4  
,sec4 #bjf4 ,travel sanctions4 ,sec4    
#bjg4 ,exemptions1 waiv]s1 & removals ( 
designation4 ,,title ,,iii--,promotion (
 human rights ,sec4 #cja4 ,in=mation    
te*nology4 ,sec4 #cjb4 ,report on ,nor? 
,korean prison camps4 ,sec4 #cjc4       
,brief+ on s]i\s human rights abuses or 
c5sor%ip 9 ,nor? ,korea4 ,,title        
,,iv--,g5]al au?orities ,sec4 #dja4     
,susp5sion ( sanctions & o!r measures4  
,sec4 #djb4 ,t]m9ation ( sanctions & o!r
 measures4 ,sec4 #djc4 ,nor? ,korea     
,en=cem5t & ,humanit>ian ,fund4 ,sec4   
#djd4 ,rulemak+4 ,sec4 #dje4 ,effective 
date4  #b4 ,f9d+s2 purposes  7a7 ,f9d+s 
,congress f9ds ! foll[+3 7#a7 ,!        

,gov]nm5t ( ,nor? ,korea-- 7,a7 has     
repeat$ly violat$ its commitm5ts to !   
complete1 v]ifiable1 & irrev]sible      
dismantlem5t ( its nucle> weapons       
programs2 &  7,b7 has willfully violat$ 
multiple ,unit$ ,nations ,security      
,c\ncil resolutions call+ = x to cease  
its developm5t1 te/+1 & production (    
weapons ( mass de/ruction4  7#b7 ,nor?  
,korea poses a grave risk = !           
prolif]ation ( nucle> weapons & o!r     
weapons ( mass de/ruction4  7#c7 ,!     
,gov]nm5t ( ,nor? ,korea has be5        
implicat$ repeat$ly 9 money laund]+ &   
illicit activities1 includ+-- 7,a7      
prohibit$ arms sales2  7,b7 n>cotics    
traffick+2  7,c7 ! c\nt]feit+ ( ,unit$  
,/ates curr5cy2 &  7,d7 ! c\nt]feit+ (  
intellectual prop]ty ( ,unit$ ,/ates    
p]sons4  7#d7 ,nor? ,korea has-- 7,a7   
unilat]ally )drawn f ! ,korean ,w>      
,armi/ice ,agreem5t1 done at ,panmunjom1
 ,korea1 ,july #bg1 #aiec2 &  7,b7      
committ$ provocations aga9/ ,s\? ,korea 
9 #bjaj-- 7i7 by s9k+ ! w>%ip ,*eonan & 

kill+ #df ( h] crew2 &  7ii7 by %ell+   
,yeonpyeong ,isl& & kill+ #d ,s\?       
,korean civilians4  7#e7 ,nor? ,korea   
ma9ta9s a sy/em ( brutal political      
prison camps t conta9 z _m z #bjj1jjj   
m51 wom51 & *ildr51 :o are-- 7,a7 kept 9
 atroci\s liv+ conditions ) insuffici5t 
food1 clo?+1 & m$ical c>e2 &  7,b7 "u   
con/ant fe> ( torture or arbitr>y       
execution4  7#f7 ,nor? ,korea has       
prioritiz$ weapons programs & !         
procurem5t ( luxury goods-- 7,a7 9      
defiance ( ,unit$ ,nations ,security    
,c\ncil ,resolutions #afie 7adopt$ ,july
 #ae1 #bjjf71 #agah 7adopt$ ,octob] #ad1
 #bjjf71 #ahgd 7adopt$ ,june #ab1       
#bjji71 #bjhg 7adopt$ ,janu>y #bb1      
#bjac71 & #bjid 7adopt$ ,m>* #g1 #bjac72
 &  7,b7 9 gross disreg>d ( ! ne$s ( its
 p4  7#g7 ,p]sons1 includ+ f9ancial     
in/itutions1 :o engage 9 transactions )1
 or provide f9ancial s]vices to1 !      
,gov]nm5t ( ,nor? ,korea & its f9ancial 
in/itutions )\t e/abli%+ suffici5t      
f9ancial safegu>ds aga9/ ,nor? ,korea's 

use ( ^! transactions to promote        
prolif]ation1 weapons traffick+1 human  
rights violations1 illicit activity1 & !
 pur*ase ( luxury goods-- 7,a7 aid &    
abet ,nor? ,korea's misuse ( !          
int]national f9ancial sy/em2 &  7,b7    
violate ! int5t ( ! ,unit$ ,nations     
,security ,c\ncil resolutions ref]r$ to 
9 p>agraph 7#f77;,a74  7#h7 ,! conduct (
 ! ,gov]nm5t ( ,nor? ,korea poses an    
imm95t ?reat to-- 7,a7 ! security ( !   
,unit$ ,/ates & its allies2  7,b7 !     
global economy2  7,c7 ! safety ( memb]s 
( ! ,unit$ ,/ates ,arm$ ,=ces2  7,d7 !  
integrity ( ! global f9ancial sy/em2    
7,e7 ! integrity ( global               
nonprolif]ation programs2 &  7,f7 ! p ( 
,nor? ,korea4  7b7 ,purposes ,?r\gh ?is 
,act1 ,congress seeks-- 7#a7 to use     
nonmilit>y means to address ! crisis    
describ$ 9 subsection 7a72  7#b7 to     
provide diplomatic lev]age to negotiate 
necess>y *anges 9 ,nor? ,korea's        
conduct2  7#c7 to ease ! suff]+ ( ! p ( 
,nor? ,korea2 &  7#d7 to reaffirm !     

purposes set =? 9 section #d ( ! ,nor?  
,korean ,human ,rights ,act ( #bjjd 7#bb
 ,u4,s4,c4 #ghjb74  #c4 ,def9itions ,9  
?is ,act3 7#a7 ,applicable executive    
ord] ,! t]m applicable ,executive ord]  
means-- 7,a7 ,executive ,ord] #acchb    
7#gj ,f$4 ,reg4 #chefg2 relat+ to block+
 prop]ty ( weapons ( mass de/ruction    
prolif]ators & _! supports71 ,executive 
,ord] #acdff 7#gc ,f$4 ,reg4 #cfghg2    
relat+ to cont9u+ c]ta9 re/rictions )   
respect to ,nor? ,korea & ,nor? ,korean 
nationals71 ,executive ,ord] #aceea 7#ge
 ,f$4 ,reg4 #echcg2 relat+ to block+    
prop]ty ( c]ta9 p]sons ) respect to     
,nor? ,korea71 or ,executive ,ord]      
#acegj 7#gf ,f$4 ,reg4 #bbbia2 relat+ to
 prohibit+ c]ta9 transactions ) respect 
to ,nor? ,korea71 to ! ext5t t su*      
,executive ord]-- 7i7 au?orizes !       
imposition ( sanctions on p]sons =      
conduct2 or  7ii7 prohibits transactions
 or activities involv+ ! ,gov]nm5t (    
,nor? ,korea2 or  7,b7 any ,executive   
ord] adopt$ on or aft] ! date ( !       

enactm5t ( ?is ,act1 to ! ext5t t su*   
,executive ord]-- 7i7 au?orizes !       
imposition ( sanctions on p]sons =      
conduct2 or  7ii7 prohibits transactions
 or activities involv+ ! ,gov]nm5t (    
,nor? ,korea4  7#b7 ,applicable unit$   
nations security c\ncil resolution ,!   
t]m applicable ,unit$ ,nations ,security
 ,c\ncil resolution means-- 7,a7 ,unit$ 
,nations ,security ,c\ncil ,resolution  
#afie 7adopt$ ,july #ae1 #bjjf71 #agah  
7adopt$ ,octob] #ad1 #bjjf71 #ahgd      
7adopt$ ,june #ab1 #bjji71 #bjhg 7adopt$
 ,janu>y #bb1 #bjac71 or #bjid 7adopt$  
,m>* #g1 #bjac72 or  7,b7 any ,unit$    
,nations ,security ,c\ncil resolution   
adopt$ on or aft] ! date ( ! enactm5t ( 
?is ,act t-- 7i7 au?orizes ! imposition 
( sanctions on p]sons = conduct2 or     
7ii7 prohibits transactions or          
activities involv+ ! ,gov]nm5t ( ,nor?  
,korea4  7#c7 ,appropriate congressional
 committees ,! t]m appropriate          
congressional committees means-- 7,a7 ! 
,committee on ,=eign ,relations ( !     

,s5ate2  7,b7 ! ,committee on ,bank+1   
,h\s+1 & ,urban ,affairs ( ! ,s5ate2    
7,c7 ! ,committee on ,=eign ,affairs ( !
 ,h\se ( ,repres5tatives2 &  7,d7 !     
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives4  7#d7          
,designat$ p]son ,! t]m designat$ p]son 
means a p]son designat$ "u subsection   
7a7 or 7b7 ( section #ajd = purposes (  
apply+ #a or m ( ! sanctions describ$ 9 
title ,i or ,,ii ) respect to ! p]son4  
7#e7 ,gov]nm5t ( ,nor? ,korea ,! t]m    
,gov]nm5t ( ,nor? ,korea means-- 7,a7 ! 
,gov]nm5t ( ! ,democratic ,p's ,republic
 ( ,korea or any political subdivision1 
ag5cy1 or in/rum5tality !re(2 &  7,b7   
any p]son own$ or controll$ by1 or act+ 
= or on behalf (1 ! ,gov]nm5t ( ,nor?   
,korea4  7#f7 ,luxury goods ,! t]m      
luxury goods-- 7,a7 has ! mean+ giv5 su*
 t]m 9 section #gdf4d7;b77#a7 ( title   
#ae1 ,code ( ,f$]al ,regulations2 &     
7,b7 includes ! items li/$ 9 ,supplem5t 
,no4 #a to ,"p #gdf ( su* title1 & any  
simil> items4  7#g7 ,monet>y in/rum5ts  

,! t]m monet>y in/rum5ts has ! mean+    
giv5 su* t]m 9 section #ecab7;a7 ( title
 #ca1 ,unit$ ,/ates ,code4  7#h7 ,nor?  
,korean f9ancial in/itution ,! t]m ,nor?
 ,korean f9ancial in/itution means any  
f9ancial in/itution t-- 7,a7 is organiz$
 "u ! laws ( ,nor? ,korea or any        
jurisdiction )9 ,nor? ,korea 7includ+ a 
=eign bran* ( su* in/itution72  7,b7 is 
locat$ 9 ,nor? ,korea1 except = a       
f9ancial in/itution t is exclud$ by !   
,presid5t 9 accordance ) section        
#bjg7;d72  7,c7 is own$ or controll$ by 
! ,gov]nm5t ( ,nor? ,korea1 reg>dless ( 
location2 &  7,d7 is own$ or controll$  
by a f9ancial in/itution describ$ 9     
subp>agraph 7,a71 7,b71 or 7,c71        
reg>dless ( location4  7#i7 ,o!r /ores (
 value ,! t]m o!r /ores ( value means-- 
7,a7 prepaid access devices1 tangible or
 intangible prepaid access devices1 &   
o!r in/rum5ts or devices = ! /orage or  
transmission ( value 7z su* t]ms are    
def9$ 9 "p #ajaj ( title #ca1 ,code (   
,f$]al ,regulations72 &  7,b7 any cov]$ 

goods 7z def9$ 9 section #ajbg4ajj (    
title #ca1 ,code ( ,f$]al ,regulations71
 & any in/rum5t or tangible or          
intangible access device us$ = ! /orage 
& transmission ( a repres5tation ( cov]$
 goods1 or o!r device 7z def9$ 9 su*    
section #ajbg4ajj74  ,i ,inve/igations1 
prohibit$ conduct1 & p5alties  #aja4    
,/atem5t ( policy ,9 ord] to a*ieve !   
peaceful dis>mam5t ( ,nor? ,korea1      
,congress f9ds t x is necess>y-- 7#a7 to
 enc\rage all memb] /ates to fully &    
promptly implem5t ,unit$ ,nations       
,security ,c\ncil ,resolution #bjid     
7adopt$ ,m>* #g1 #bjac72  7#b7 to       
sanction ! p]sons1 includ+ f9ancial     
in/itutions1 t facilitate prolif]ation1 
illicit activities1 arms traffick+1     
imports ( luxury goods1 s]i\s human     
rights abuses1 ca% smuggl+1 & c5sor%ip  
by ! ,gov]nm5t ( ,nor? ,korea2  7#c7 to 
au?orize ! ,presid5t to sanction p]sons 
:o fail to ex]cise due dilig5ce to      
ensure t su* f9ancial in/itutions &     
jurisdictions d n facilitate            

prolif]ation1 arms traffick+1           
kleptocracy1 & imports ( luxury goods by
 ! ,gov]nm5t ( ,nor? ,korea2  7#d7 to   
d5y ! ,gov]nm5t ( ,nor? ,korea access to
 ! funds x uses to obta9 nucle> weapons1
 balli/ic missiles1 & luxury goods      
in/ead ( provid+ = ! ne$s ( its p2 &    
7#e7 to en=ce sanctions 9 a mann] t     
avoids any adv]se humanit>ian impact on 
! p ( ,nor? ,korea4  #ajb4              
,inve/igations  7a7 ,initiation ,!      
,presid5t is au?oriz$ to initiate an    
inve/igation into ! possible designation
 ( a p]son "u section #ajd7;a7 ^u       
receipt by ! ,presid5t ( cr$ible        
in=mation indicat+ t su* p]son has      
engag$ 9 conduct describ$ 9 section     
#ajd7;a74  7b7 ,p]sonnel ,! ,presid5t   
may direct ! ,secret>y ( ,/ate1 !       
,secret>y ( ! ,treasury1 & ! heads ( o!r
 ,f$]al dep>tm5ts & ag5cies z may be    
necess>y to assign suffici5t exp]i5c$ & 
qualifi$ inve/igators1 attorneys1 &     
te*nical p]sonnel-- 7#a7 to inve/igate !
 conduct describ$ 9 subsections 7a7 &   

7b7 ( section #ajd2 &  7#b7 to coord9ate
 & ensure ! effective en=cem5t ( !      
provisions ( ?is ,act4  #ajc4 ,brief+ to
 ,congress ,n lat] ?an #ahj days aft] ! 
date ( ! enactm5t ( ?is ,act1 &         
p]iodically !reaft]1 ! ,presid5t %all   
provide to ! appropriate congressional  
committees a brief+ on ef=ts to implem5t
 ?is ,act4  #ajd4 ,designation ( p]sons 
7a7 ,prohibit$ activities  7#a7         
,prohibit$ conduct describ$ ,except z   
provid$ 9 section #bjg1 ! ,presid5t may 
designate "u ?is subsection any p]son t 
! ,presid5t det]m9es-- 7,a7 kn[+ly      
7directly or indirectly7 import$1       
export$1 or reexport$ to1 into1 or f    
,nor? ,korea any goods1 s]vices1 or     
te*nology controll$ = export by ! ,unit$
 ,/ates due to _! use = weapons ( mass  
de/ruction & _! deliv]y sy/ems &        
mat]ially contribut+ to ! use1          
developm5t1 production1 possession1 or  
acquisition by any p]sons ( a nucle>1   
radiological1 *emical1 or biological    
weapon1 or any device or sy/em design$ 9

 :ole or 9 "p to deliv] su* a weapon2   
7,b7 kn[+ly 7directly or indirectly7    
provid$ tra9+1 advice1 or o!r s]vices or
 assi/ance1 or engag$ 9 significant     
f9ancial transactions1 relat+ to !      
manufacture1 ma9t5ance1 or use ( any su*
 weapon or sy/em to be import$1 export$1
 or reexport$ to1 into1 or f ,nor?      
,korea2  7,c7 kn[+ly 7directly or       
indirectly7 import$1 export$1 or        
reexport$ luxury goods to or into ,nor? 
,korea2  7,d7 kn[+ly engag$ 91 or is    
responsible =1 c5sor%ip by ! ,gov]nm5t (
 ,nor? ,korea2  7,e7 kn[+ly engag$ 91 or
 is responsible =1 s]i\s human rights   
abuses by ! ,gov]nm5t ( ,nor? ,korea2   
7,f7 kn[+ly 7directly or indirectly7    
engag$ 9 money laund]+1 ! c\nt]feit+ (  
goods or curr5cy1 bulk ca% smuggl+1 or  
n>cotics traffick+ t supports !         
,gov]nm5t ( ,nor? ,korea or any s5ior   
(ficial !re(2 or  7,g7 kn[+ly attempt$  
to engage 9 any ( ! conduct describ$ 9  
subp>agraphs 7,a7 ?r\gh 7,e74  7#b7     
,p5alties ,! p5alties provid$ = 9       

subsections 7b7 & 7c7 ( section #bjf ( !
 ,int]national ,em]g5cy ,economic ,p[]s 
,act 7#ej ,u4,s4,c4 #agje7 %all apply to
 any p]son :o violates1 attempts to     
violate1 conspires to violate1 or causes
 a violation ( any prohibition "u ?is   
subsection1 or ( an ord] or regulation  
prescrib$ "u ?is ,act1 to ! same ext5t t
 su* p5alties apply to a p]son t commits
 an unlawful act describ$ 9 section     
#bjf7;a7 ( su* ,act 7#ej ,u4,s4,c4      
#agje7;a774  7b7 ,additional prohibit$  
activities  7#a7 ,prohibit$ conduct     
describ$ ,except z provid$ 9 section    
#bjg1 ! ,presid5t may designate "u ?is  
subsection any p]son t ! ,presid5t      
det]m9es-- 7,a7 kn[+ly engag$ 91        
contribut$ to1 assi/$1 sponsor$1 or     
provid$ f9ancial1 mat]ial or            
te*nological support =1 or goods &      
s]vices 9 support (1 any p]son designat$
 pursuant to an applicable ,unit$       
,nations ,security ,c\ncil resolution2  
7,b7 kn[+ly contribut$ to-- 7i7 ! brib]y
 ( an (ficial ( ! ,gov]nm5t ( ,nor?     

,korea2  7ii7 ! misappropriation1 !ft1  
or embezzlem5t ( public funds by1 or = !
 b5efit (1 an (ficial ( ! ,gov]nm5t (   
,nor? ,korea2 or  7iii7 ! use ( any     
proce$s ( any su* conduct2 or  7,c7     
kn[+ly & mat]ially assi/$1 sponsor$1 or 
provid$ significant f9ancial1 mat]ial1  
or te*nological support =1 or goods or  
s]vices to or 9 support (1 ! activities 
describ$ 9 subp>agraph 7,a7 or 7,b74    
7#b7 ,effect ( designation ,) respect to
 any p]son designat$ "u ?is subsection1 
! ,presid5t may-- 7,a7 apply ! sanctions
 describ$ 9 section #bjd1 #bje1 or #bjf2
  7,b7 apply any ( ! special measures   
describ$ 9 section #ecah;,a ( title #ca1
 ,unit$ ,/ates ,code2  7,c7 prohibit any
 transactions 9 =eign ex*ange-- 7i7 t   
are subject to ! jurisdiction ( ! ,unit$
 ,/ates2 &  7ii7 9 :i* su* p]son has any
 int]e/2 &  7,d7 prohibit any transf]s (
 cr$it or paym5ts betwe5 f9ancial       
in/itutions or by1 ?r\gh1 or to any     
f9ancial in/itution1 to ! ext5t t su*   
transf]s or paym5ts-- 7i7 are subject to

 ! jurisdiction ( ! ,unit$ ,/ates2 &    
7ii7 involve any int]e/ ( su* p]son4    
7c7 ,asset block+ ,! ,presid5t %all     
ex]cise all ( ! p[]s grant$ to !        
,presid5t "u ! ,int]national ,em]g5cy   
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja et seq47 to ! ext5t necess>y to   
block & prohibit all transactions 9     
prop]ty & int]e/s 9 prop]ty ( a p]son   
det]m9$ by ! ,presid5t to be subject to 
?is section if su* prop]ty & int]e/s 9  
prop]ty are 9 ! ,unit$ ,/ates1 come )9 !
 ,unit$ ,/ates1 or are or come )9 !     
possession or control ( a ,unit$ ,/ates 
p]son4  7d7 ,application ,! designation 
( a p]son "u subsection 7a7 or 7b7 & !  
block+ ( prop]ty & int]e/s 9 prop]ty "u 
subsection 7c7 %all apply ) respect to a
 p]son :o is det]m9$ to be own$ or      
controll$ by1 or to h act$ or purport$  
to h act$ = or on behalf ( 7directly or 
indirectly7 any p]son ^: prop]ty &      
int]e/s 9 prop]ty are block$ pursuant to
 ?is section4  7e7 ,transaction lic5s+  
,! ,presid5t %all d5y or revoke any     

lic5se = any transaction t ! ,presid5t  
det]m9es to lack suffici5t f9ancial     
controls to ensure t su* transaction w n
 facilitate any ( ! conduct describ$ 9  
subsection 7a7 or 7b74  #aje4 ,=feiture 
( prop]ty  7a7 ,am5dm5t to prop]ty      
subject to =feiture ,section            
#iha7;a77#a7 ( title #ah1 ,unit$ ,/ates 
,code1 is am5d$ by add+ at ! end !      
foll[+3  7,i7 ,any real or p]sonal      
prop]ty t is involv$ 9 a violation or   
attempt$ violation1 or :i* con/itutes or
 is d]iv$ f proce$s traceable to a      
violation1 ( section #ajd7;a7 ( ! ,nor? 
,korea ,sanctions ,en=cem5t ,act (      
#bjad4  4  7b7 ,am5dm5t to def9ition (  
civil =feiture /atute ,section          
#ihc7;i77#b77;,d7 ( title #ah1 ,unit$   
,/ates ,code1 is am5d$ to read z foll[s3
  7,d7 ! ,trad+ ) ! ,enemy ,act 7#ej    
,u4,s4,c4 ,app4 #a et seq471 !          
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq471 or !
 ,nor? ,korea ,sanctions ,en=cem5t ,act 
( #bjad2 or  4  7c7 ,am5dm5t to         

def9ition ( specifi$ unlawful activity  
,section #aief7;c77#g77;,d7 ( title #ah1
 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by
 /rik+ or section #ib ( ! ,atomic ,en]gy
 ,act ( #aied & ins]t+ section #ib ( !  
,atomic ,en]gy ,act ( #aied2 &  7#b7 by 
add+ at ! end ! foll[+3 1 or section    
#ajd7;a7 ( ! ,nor? ,korea ,sanctions    
,en=cem5t ,act ( #bjad 7relat+ to       
prohibit$ trade ) ,nor? ,korea724  7d7  
,au?orization ( appropriations ,f !     
am\nts 9 ! ,assets ,=feiture ,fund      
e/abli%$ "u section #ebd7;c7 ( title    
#bh1 ,unit$ ,/ates ,code1 or ! ,dep>tm5t
 ( ! ,treasury ,=feiture ,fund e/abli%$ 
"u section #igjc ( title #ca1 ,unit$    
,/ates ,code1 z add$ by ! ,treasury     
,=feiture ,fund ,act ( #aiib 7section   
#fch ( ,public ,law #ajb-cic71 !re are  
au?oriz$ to be appropriat$ = ea* ( !    
fiscal ye>s #bjae ?r\gh #bjbc1 9 su*    
proportions z ! ,presid5t may det]m9e1 &
 )\t fiscal ye> limitation1 #e1jjj1jjj =
 law en=cem5t exp5ses = ! en=cem5t ( ?is
 ,act or any am5dm5t made by ?is ,act1  

includ+ sal>ies & exp5ses (             
inve/igators1 attorneys1 te*nical       
p]sonnel1 & su* p]sonnel z ! ,presid5t  
det]m9es to be necess>y to en=ce ?is    
,act or any su* am5dm5t4  7e7 ,paym5t 9 
lieu ( =feiture ,any money paid to !    
,unit$ ,/ates by a f9ancial in/itution  
or o!r p]son 9 lieu ( ! comm5cem5t (    
crim9al1 civil1 or adm9i/rative =feiture
 proce$+s to =feit prop]ty involv+ any  
activity describ$ 9 section #ajd7;a7 or 
9 settlem5t ( su* =feiture proce$+s--   
7#a7 %all be treat$ z =feit$ funds2 &   
7#b7 %all be deposit$1 9 su* proportions
 z ! ,presid5t may det]m9e1 into-- 7,a7 
! ,assets ,=feiture ,fund e/abli%$ "u   
section #ebd7;c7 ( title #bh1 ,unit$    
,/ates ,code2 or  7,b7 ! ,dep>tm5t ( !  
,treasury ,=feiture ,fund e/abli%$ "u   
section #igjc ( title #ca1 ,unit$ ,/ates
 ,code1 z add$ by ! ,treasury ,=feiture 
,fund ,act ( #aiib 7section #fch (      
,public ,law #ajb-cic74  7f7 ,rule (    
con/ruction ,no?+ 9 ?is title or any    
am5dm5t made by ?is title may be con/ru$

 to re/rict or limit ! au?ority ( !     
,presid5t "u-- 7#a7 section #ebd7;c7 (  
title #bh1 ,unit$ ,/ates ,code2 or  7#b7
 section #igjc ( title #ca1 ,unit$      
,/ates ,code1 z add$ by ! ,treasury     
,=feiture ,fund ,act ( #aiib 7section   
#fch ( ,public ,law #ajb-cic74  ,,ii    
,sanctions ,aga9/ ,nor? ,korean         
,prolif]ation1 ,human ,rights ,abuses1 &
 ,illicit ,activities  #bja4            
,det]m9ations ) respect to ,nor? ,korea 
z a jurisdiction ( prim>y money laund]+ 
conc]n  7a7 ,f9d+s ,congress makes !    
foll[+ f9d+s3 7#a7 ,! ,"u ,secret>y =   
,t]rorism & ,f9ancial ,intellig5ce1 :o  
is responsible = safegu>d+ ! f9ancial   
sy/em aga9/ illicit use1 money laund]+1 
t]rori/ f9anc+1 & ! prolif]ation (      
weapons ( mass de/ruction1 & has        
repeat$ly express$ conc]n ab\t ,nor?    
,korea's misuse ( ! int]national        
f9ancial sy/em-- 7,a7 9 #bjjf-- 7i7     
/at$1 ,giv5 ,nor? ,korea's c\nt]feit+ ( 
,u4,s4 curr5cy1 n>cotics traffick+ & use
 ( acc\nts _w-wide to conduct           

prolif]ation-relat$ transactions1 ! l9e 
betwe5 illicit & licit ,nor? ,korean    
money is ne>ly invisible42 &  7ii7 urg$ 
f9ancial in/itutions worldwide to ?9k   
c>efully ab\t ! risks ( do+ any ,nor?   
,korea-relat$ bus9ess2  7,b7 9 #bjaa1   
/at$ t ,nor? ,korea-- 7i7 rema9s int5t  
on engag+ 9 prolif]ation1 sell+ arms z  
well z br++ 9 mat]ial2 &  7ii7 0        
aggressively pursu+ ! ef=t to e/abli%   
front companies42 &  7,c7 9 #bjac1      
/at$-- 7i7 9 ref]5ce to ,nor? ,korea's  
di/ribution ( high-quality c\nt]feit    
,unit$ ,/ates curr5cy1 t ,nor? ,korea is
 cont9u+ to try to pass a sup]note into 
! int]national f9ancial sy/em2 &  7ii7 !
 ,dep>tm5t ( ! ,treasury w\ld soon      
introduce new curr5cy ) improv$ security
 features to protect aga9/ c\nt]feit+ by
 ! ,gov]nm5t ( ,nor? ,korea4  7#b7 ,!   
,f9ancial ,action ,task ,=ce1 an        
int]gov]nm5tal body ^: purpose is to    
develop & promote national &            
int]national policies to combat money   
laund]+ & t]rori/ f9anc+1 has           

repeat$ly-- 7,a7 express$ conc]n at     
defici5cies 9 ,nor? ,korea's regimes to 
combat money laund]+ & t]rori/ f9anc+2  
7,b7 urg$ ,nor? ,korea to adopt a plan (
 action to address significant          
defici5cies 9 ^! regimes & ! s]i\s ?reat
 !y pose to ! integrity ( ! int]national
 f9ancial sy/em2  7,c7 urg$ all         
jurisdictions to apply c\nt]measures to 
protect ! int]national f9ancial sy/em f 
ongo+ & sub/antial money laund]+ &      
t]rori/ f9anc+ risks emanat+ f ,nor?    
,korea2  7,d7 urg$ all jurisdictions to 
advise _! f9ancial in/itutions to give  
special att5tion to bus9ess relation%ips
 & transactions ) ,nor? ,korea1 includ+ 
,nor? ,korean companies & f9ancial      
in/itutions2 &  7,e7 call$ on all       
jurisdictions-- 7i7 to protect aga9/    
correspond5t relation%ips be+ us$ to    
bypass or evade c\nt]measures & risk    
mitigation practices2 &  7ii7 to take   
into acc\nt money laund]+ & t]rori/     
f9anc+ risks :5 consid]+ reque/s by     
,nor? ,korean f9ancial in/itutions to   

op5 bran*es & subsidi>ies 9 _!          
respective jurisdictions4  7#c7 ,on ,m>*
 #g1 #bjac1 ! ,unit$ ,nations ,security 
,c\ncil unanim\sly adopt$ ,resolution   
#bjid1 :i*-- 7,a7 welcom$ ! ,f9ancial   
,action ,task ,=ce's-- 7i7 recomm5dation
 on f9ancial sanctions relat$ to        
prolif]ation2 &  7ii7 guidance on !     
implem5tation ( su* sanctions2  7,b7    
decid$ t ,unit$ ,nations ,memb] ,/ates  
%\ld apply enhanc$ monitor+ & o!r legal 
measures to prev5t ! provision (        
f9ancial s]vices or ! transf] ( prop]ty 
t c\ld contribute to activities         
prohibit$ by applicable ,unit$ ,nations 
,security ,c\ncil resolutions2 &  7,c7  
call$ on ,unit$ ,nations ,memb] ,/ates  
to prohibit ,nor? ,korean banks f       
e/abli%+ or ma9ta9+ correspond5t        
relation%ips ) banks 9 _! respective    
jurisdictions to prev5t ! provision (   
f9ancial s]vices if su* /ates h         
in=mation t provides reasonable gr\nds  
to believe t su* activities c\ld        
contribute to-- 7i7 activities prohibit$

 by an applicable ,unit$ ,nations       
,security ,c\ncil resolution2 or  7ii7 !
 evasion ( su* prohibitions4  7b7 ,s5se 
( ,congress reg>d+ ! designation ( ,nor?
 ,korea z a jurisdiction ( prim>y money 
laund]+ conc]n ,congress-- 7#a7         
ackn[l$ges ! ef=ts ( ! ,unit$ ,nations  
,security ,c\ncil to impose limitations 
on1 & to require ! enhanc$ monitor+ (1  
transactions involv+ ,nor? ,korean      
f9ancial in/itutions t c\ld contribute  
to sanction$ activities2  7#b7 urges !  
,presid5t1 9 ! /ronge/ t]ms-- 7,a7 to   
consid] imm$iately designat+ ,nor?      
,korea z a jurisdiction ( prim>y money  
laund]+ conc]n2 &  7,b7 to adopt /r+5t  
special measures to safegu>d ! f9ancial 
sy/em aga9/ ! risks pos$ by ,nor?       
,korea's willful evasion ( sanctions &  
its illicit activities2 &  7#c7 urges ! 
,presid5t to seek ! prompt implem5tation
 by o!r /ates ( enhanc$ monitor+ & due  
dilig5ce to prev5t ,nor? ,korea's misuse
 ( ! int]national f9ancial sy/em1       
includ+ by %>+ in=mation ab\t           

activities1 transactions1 & prop]ty t   
c\ld contribute to-- 7,a7 activities    
sanction$ by applicable ,unit$ ,nations 
,security ,c\ncil resolutions2 or  7,b7 
! evasion ( su* sanctions4  7c7         
,det]m9ations reg>d+ ,nor? ,korea  7#a7 
,9 g5]al ,n lat] ?an #ahj days aft] !   
date ( ! enactm5t ( ?is ,act1 !         
,secret>y ( ! ,treasury1 9 consultation 
) ! ,secret>y ( ,/ate & ,attorney       
,g5]al1 & 9 accordance ) section        
#ecah;,a ( title #ca1 ,unit$ ,/ates     
,code1 %all det]m9e :e!r reasonable     
gr\nds exi/ = conclud+ t ,nor? ,korea is
 a jurisdiction ( prim>y money laund]+  
conc]n4  7#b7 ,enhanc$ due dilig5ce &   
report+ requirem5ts ,except z provid$ 9 
section #bjg1 if ! ,secret>y ( !        
,treasury det]m9es "u ?is subsection t  
reasonable gr\nds exi/ = conclud+ t     
,nor? ,korea is a jurisdiction ( prim>y 
money laund]+ conc]n1 ! ,secret>y1 9    
consultation ) ! ,f$]al functional      
regulators1 %all impose #a or m ( !     
special measures describ$ 9 p>agraphs   

7#a7 ?r\gh 7#e7 ( section #ecah;,a7b7 ( 
title #ca1 ,unit$ ,/ates ,code1 )       
respect to ! jurisdiction ( ,nor?       
,korea4  7#c7 ,report requir$  7,a7 ,9  
g5]al ,! ,secret>y ( ! ,treasury %all   
submit a report to ! appropriate        
congressional committees t conta9s !    
reasons = any det]m9ation "u p>agraph   
7#a74  7,b7 ,=m ,! report submitt$ "u   
subp>agraph 7,a7 %all be submitt$ 9     
unclassifi$ =m1 b may conta9 a classifi$
 annex4  #bjb4 ,ensur+ ! consi/5t       
en=cem5t ( ,unit$ ,nations ,security    
,c\ncil resolutions & f9ancial          
re/rictions on ,nor? ,korea  7a7 ,f9d+s 
,congress f9ds t-- 7#a7 all memb] /ates 
& jurisdictions are obligat$ to implem5t
 & en=ce applicable ,unit$ ,nations     
,security ,c\ncil resolutions fully &   
promptly1 includ+ by block+ ! prop]ty (1
 & ensur+ t any prop]ty is prev5t$ f be+
 made available to1 p]sons designat$ by 
! ,security ,c\ncil "u applicable ,unit$
 ,nations ,security ,c\ncil resolutions2
  7#b7 all /ates & jurisdictions %>e a  

common int]e/ 9 protect+ ! int]national 
f9ancial sy/em f ! risks ( money laund]+
 & illicit transactions emanat+ f ,nor? 
,korea2  7#c7 ! ,unit$ ,/ates doll> & ! 
euro are ! _w's pr9cipal res]ve         
curr5cies1 & ! ,unit$ ,/ates & !        
,european ,union are prim>ily           
responsible = ! protection ( !          
int]national f9ancial sy/em f ^! risks2 
7#d7 ! coop]ation ( ! ,p's ,republic (  
,*9a1 z ,nor? ,korea's pr9cipal trad+   
p>tn]1 is ess5tial to-- 7,a7 ! en=cem5t 
( applicable ,unit$ ,nations ,security  
,c\ncil resolutions2 &  7,b7 !          
protection ( ! int]national f9ancial    
sy/em2  7#e7 ! report ( ! ,panel (      
,exp]ts e/abli%$ pursuant to ,unit$     
,nations ,security ,c\ncil ,resolution  
#ahgd 7adopt$ on ,june #aa1 #bjac7      
express$ conc]n ab\t ! ability ( banks  
9-- 7,a7 /ates ) less effective         
regulators2 &  7,b7 /ates t are unable  
to af=d effective compliance to detect &
 prev5t illicit transf]s involv+ ,nor?  
,korea2  7#f7 ,nor? ,korea has          

hi/orically exploit$ inconsi/5cies      
betwe5 jurisdictions 9 ! int]pretation &
 en=cem5t ( f9ancial regulations &      
applicable ,unit$ ,nations ,security    
,c\ncil resolutions to circumv5t        
sanctions & laund] ! proce$s ( illicit  
activities2  7#g7 ,amroggang ,developm5t
 ,bank1 ,bank ( ,ea/ ,l&1 & ,tan*on     
,comm]cial ,bank h be5 designat$ by !   
,secret>y ( ! ,treasury1 ! ,unit$       
,nations ,security ,c\ncil1 & !         
,european ,union z hav+ mat]ially       
contribut$ to ! prolif]ation ( weapons (
 mass de/ruction2  7#h7 ,korea ,daesong 
,bank & ,korea ,kwangson ,bank+         
,corporation h be5 designat$ by !       
,secret>y ( ! ,treasury & ! ,european   
,union z hav+ mat]ially contribut$ to ! 
prolif]ation ( weapons ( mass           
de/ruction2  7#i7 ! ,=eign ,trade ,bank 
( ,nor? ,korea has be5 designat$ by !   
,secret>y ( ! ,treasury = facilitat+    
transactions on behalf ( p]sons l9k$ to 
its prolif]ation network1 & = s]v+ z a  
key f9ancial node2 &  7#aj7 ,da$ong     

,cr$it ,bank has be5 designat$ by !     
,secret>y ( ! ,treasury = activities    
prohibit$ by applicable ,unit$ ,nations 
,security ,c\ncil resolutions1 includ+ !
 use ( deceptive f9ancial practices to  
facilitate transactions on behalf (     
p]sons l9k$ to ,nor? ,korea's           
prolif]ation network4  7b7 ,s5se (      
,congress ,x is ! s5se ( ,congress t !  
,presid5t %\ld int5sify diplomatic ef=ts
 9 appropriate int]national =a1 su* z ! 
,unit$ ,nations1 & bilat]ally1 to       
develop & implem5t a coord9at$1         
consi/5t1 multilat]al /rategy = protect+
 ! global f9ancial sy/em aga9/ risks    
emanat+ f ,nor? ,korea1 includ+-- 7#a7 !
 cessation ( any f9ancial s]vices ^:    
cont9uation is inconsi/5t ) applicable  
,unit$ ,nations ,security ,c\ncil       
resolutions2  7#b7 ! cessation ( any    
f9ancial s]vices to p]sons1 includ+     
f9ancial in/itutions1 t pres5t          
unacceptable risks ( facilitat+ money   
laund]+ & illicit activity by !         
,gov]nm5t ( ,nor? ,korea2  7#c7 ! block+

 by all /ates & jurisdictions1 9        
accordance ) ! legal process ( ! /ate or
 jurisdiction 9 :i* ! prop]ty is held1 (
 any prop]ty requir$ to be block$ "u    
applicable ,unit$ ,nations ,security    
,c\ncil resolutions2 &  7#d7 ! block+ ( 
any prop]ty d]iv$ f illicit activity1 or
 f ! misappropriation1 !ft1 or          
embezzlem5t ( public funds by1 or = !   
b5efit (1 (ficials ( ! ,gov]nm5t ( ,nor?
 ,korea4  #bjc4 ,prolif]ation prev5tion 
sanctions  7a7 ,export ( c]ta9 goods or 
te*nology ,a validat$ lic5se %all be    
requir$ = ! export ( any goods or       
te*nology o!rwise cov]$ "u section      
#f7;j7 ( ! ,export ,adm9i/ration ,act ( 
#aigi 7#ej ,u4,s4,c4 ,app4 #bdje7;j774  
,no def5se exports may be approv$ = !   
,gov]nm5t ( ,nor? ,korea4  7b7          
,transactions 9 le?al milit>y equipm5t  
7#a7 ,9 g5]al ,! ,presid5t %all )hold   
assi/ance "u ! ,=eign ,assi/ance ,act ( 
#aifa 7#bb ,u4,s4,c4 #baea et seq47 to !
 gov]nm5t ( any c\ntry t provides le?al 
milit>y equipm5t to ! ,gov]nm5t ( ,nor? 

,korea4  7#b7 ,applicability ,!         
prohibition "u ?is subsection ) respect 
to a =eign gov]nm5t %all t]m9ate on !   
date t is #a ye> aft] ! date on :i* !   
re/riction "u p>agraph 7#a7 may h be5   
appli$4  7c7 ,waiv] ,! ,secret>y ( ,/ate
 may waive ! prohibitions "u ?is section
 ) respect to a c\ntry if ! ,secret>y   
det]m9es t x is 9 ! national int]e/ ( ! 
,unit$ ,/ates to d s4  7d7 ,exception ,!
 prohibitions "u ?is section %all n     
apply to ! provision ( assi/ance = human
 rights1 democracy1 rule ( law1 or      
em]g5cy humanit>ian assi/ance4  #bjd4   
,procurem5t sanctions  7a7 ,9 g5]al     
,except z provid$ 9 ?is section1 !      
,unit$ ,/ates ,gov]nm5t may n procure1  
or ent] into any contract = ! procurem5t
 (1 any goods or s]vices f any designat$
 p]son4  7b7 ,f$]al ,acquisition        
,regulation  7#a7 ,9 g5]al ,! ,f$]al    
,acquisition ,regulation issu$ pursuant 
to section #acjc ( title #da1 ,unit$    
,/ates ,code1 %all be revis$ to require 
t ea* p]son t is a prospective          

contractor submit a c]tification t su*  
p]son does n engage 9 any ( ! conduct   
describ$ 9 section #ajd7;a74  7#b7      
,applicability ,! revision ref]r$ to 9  
p>agraph 7#a7 %all apply ) respect to   
contracts = :i* solicitations are issu$ 
on or aft] ! date t is #ij days aft] !  
date ( ! enactm5t ( ?is ,act4  7c7      
,g5]al ,s]vices ,adm9i/ration  7#a7     
,inclusion on li/ ,! ,adm9i/rator (     
,g5]al ,s]vices %all include1 on ! ,li/ 
( ,p>ties ,exclud$ f ,f$]al ,procurem5t 
& ,nonprocurem5t ,programs ma9ta9$ by ! 
,adm9i/rator "u "p #i ( ! ,f$]al        
,acquisition ,regulation1 ea* p]son t is
 deb>r$1 susp5d$1 or propos$ = deb>m5t  
or susp5sion by ! head ( an executive   
ag5cy on ! basis ( a det]m9ation ( a    
false c]tification "u subsection 7b74   
7#b7 ,contract t]m9ation2 susp5sion ,if 
! head ( an executive ag5cy det]m9es t a
 p]son has submitt$ a false c]tification
 "u subsection 7b7 aft] ! date on :i* ! 
,f$]al ,acquisition ,regulation is      
revis$ to implem5t ! requirem5ts ( ?is  

section1 ! head ( su* executive ag5cy   
%all-- 7,a7 t]m9ate a contract ) su*    
p]son2 or  7,b7 deb> or susp5d su* p]son
 f eligibility = ,f$]al contracts = a   
p]iod ( n m ?an #b ye>s4  7#c7          
,applicable proc$ures ,any deb>m5t or   
susp5sion "u p>agraph 7#b77;,b7 %all be 
subject to ! proc$ures t apply to       
deb>m5t & susp5sion "u ! ,f$]al         
,acquisition ,regulation "u subp>t #i4d 
( "p #i ( title #dh1 ,code ( ,f$]al     
,regulations4  7d7 ,cl>ification reg>d+ 
c]ta9 products ,! rem$ies specifi$ 9    
subsections 7a7 ?r\gh 7c7 %all n apply )
 respect to ! procurem5t ( any eligible 
product 7z def9$ 9 section #cjh7d7 ( !  
,trade ,agreem5ts ,act ( #aigi 7#ai     
,u4,s4,c4 #beah7d77 ( any =eign c\ntry  
or in/rum5tality designat$ "u section   
#cja7;b7 ( su* ,act 7#ai ,u4,s4,c4      
#beaa7;b774  7e7 ,rule ( con/ruction    
,no?+ 9 ?is subsection may be con/ru$ to
 limit ! use ( o!r rem$ies available to 
! head ( an executive ag5cy or any o!r  
(ficial ( ! ,f$]al ,gov]nm5t on ! basis 

( a det]m9ation ( a false c]tification  
"u subsection 7b74  7f7 ,executive ag5cy
 def9$ ,9 ?is section1 ! t]m executive  
ag5cy has ! mean+ giv5 su* t]m 9 section
 #acc ( title #da1 ,unit$ ,/ates ,code4 
#bje4 ,enhanc$ inspection au?orities    
7a7 ,report requir$ ,n lat] ?an #ahj    
days aft] ! date ( ! enactm5t ( ?is     
,act1 & annually !reaft]1 ! ,presid5t   
%all submit a report to ! appropriate   
congressional committees t id5tifies    
=eign ports & airports ^: inspections ( 
%ips1 aircraft1 & conveyances orig9at+ 9
 ,nor? ,korea1 c>ry+ ,nor? ,korean      
prop]ty1 or op]at$ by ! ,gov]nm5t (     
,nor? ,korea are n suffici5t to         
effectively prev5t ! facilitation ( any 
( ! activities describ$ 9 section       
#ajd7;a74  7b7 ,enhanc$ cu/oms          
inspection requirem5ts ,! ,secret>y (   
,homel& ,security may require enhanc$   
inspections ( any c>go l&$ 9 ! ,unit$   
,/ates or ent]+ ! /ream ( int]/ate      
comm]ce t has be5 transport$ ?r\gh a    
port or airport id5tifi$ by ! ,presid5t 

"u subsection 7a74  7c7 ,seizure &      
=feiture ,a vessel1 aircraft1 or        
conveyance us$ to facilitate any ( !    
activities describ$ 9 section #ajd7;a7  
"u ! jurisdiction ( ! ,unit$ ,/ates may 
be seiz$ & =feit$ "u-- 7#a7 *apt] #df ( 
title #ah1 ,unit$ ,/ates ,code2 or  7#b7
 "u ! ,t>iff ,act ( #aicj 7#ai ,u4,s4,c4
 #abjb et seq474  #bjf4 ,travel         
sanctions ,! ,secret>y ( ,/ate may d5y a
 visa to1 & ! ,secret>y ( ,homel&       
,security1 pursuant to section #ajd1 may
 d5y entry into ! ,unit$ ,/ates (1 any  
ali5 :o is-- 7#a7 a designat$ p]son2    
7#b7 a corporate (fic] ( a designat$    
p]son2 or  7#c7 a pr9cipal %>ehold] ) a 
controll+ int]e/ 9 a designat$ p]son4   
#bjg4 ,exemptions1 waiv]s1 & removals ( 
designation  7a7 ,exemptions  7#a7 ,9   
g5]al ,! foll[+ activities %all be      
exempt f sanctions "u sections #ajd &   
#bjf3 7,a7 ,activities subject to !     
report+ requirem5ts "u title ,v ( !     
,national ,security ,act ( #aidg 7#ej   
,u4,s4,c4 #dac et seq471 or to any      

au?oriz$ intellig5ce activities ( !     
,unit$ ,/ates4  7,b7 ,any transaction   
necess>y to comply ) ,unit$ ,/ates      
obligations "u ! ,agreem5t betwe5 !     
,unit$ ,nations & ! ,unit$ ,/ates (     
,am]ica reg>d+ ! ,headqu>t]s ( ! ,unit$ 
,nations1 sign$ ,june #bf1 #aidg1 &     
ent]$ into =ce on ,novemb] #ba1 #aidg1  
or "u ! ,vi5na ,conv5tion on ,consul>   
,relations1 sign$ ,april #bd1 #aifc1 &  
ent]$ into =ce on ,m>* #ai1 #aifg1 or "u
 o!r int]national agreem5ts4  7,c7 ,any 
f9ancial transaction = :i* ! exclusive  
purpose is to import agricultural       
products1 m$ic9e1 or m$ical devices into
 ,nor? ,korea if su* supplies or        
equipm5t-- 7i7 are designat$ z ,,e> #ii 
"u ! ,export ,adm9i/ration ,regulations 
7#ae ,c4,f4,r4 #gcj et seq472 &  7ii7   
are n controll$ "u-- 7,i7 ! ,export     
,adm9i/ration ,act ( #aigi 7#ej         
,u4,s4,c4 ,app4 #bdja et seq471 z       
cont9u$ 9 effect "u ! ,int]national     
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agja et seq472  7,,ii7 !     

,arms ,export ,control ,act 7#bb        
,u4,s4,c4 #bgea et seq472  7,,iii7 "p ,b
 ( title ,,viii ( ! ,nucle>             
,prolif]ation ,prev5tion ,act ( #aiid   
7#bb ,u4,s4,c4 #fcja et seq472 or       
7,,iv7 ! ,*emical & ,biological ,weapons
 ,control & ,w>f>e ,elim9ation ,act (   
#aiia 7#bb ,u4,s4,c4 #efja et seq474    
7#b7 ,export adm9i/ration regulations   
def9$ ,9 ?is subsection1 ! t]m ,export  
,adm9i/ration ,regulations means !      
regulations set =? 9 sub*apt] ,c ( *apt]
 ,,vii ( title #ae1 ,code ( ,f$]al      
,regulations 7#ae ,c4,f4,r4 #gcj et     
seq47 & ma9ta9$ & am5d$ "u ! au?ority ( 
! ,int]national ,em]g5cy ,economic ,p[]s
 ,ac 7#ej ,u4,s4,c4 #agja et seq474  7b7
 ,waiv] ,! ,presid5t may waive1 = #a-ye>
 r5ewable p]iods1 ! application ( !     
sanctions au?oriz$ "u section #ajd1     
#bjd1 #bje1 or #bjf if ! ,presid5t      
submits to ! appropriate congressional  
committees a writt5 det]m9ation t !     
waiv] meets #a or m ( ! foll[+          
requirem5ts3 7#a7 ,! waiv] is important 

to ! national security int]e/s ( !      
,unit$ ,/ates4  7#b7 ,! waiv] w fur!r ! 
en=cem5t ( ?is ,act or is = an important
 law en=cem5t purpose4  7#c7 ,! waiv] is
 = an important humanit>ian purpose1    
includ+ any ( ! purposes describ$ 9     
section #d ( ! ,nor? ,korean ,human     
,rights ,act ( #bjjd 7#bb ,u4,s4,c4     
#ghjb74  7c7 ,f9ancial s]vices =        
humanit>ian & consul> activities ,!     
,presid5t may promulgate su*            
regulations1 rules1 & policies z may be 
necess>y to facilitate ! provision (    
f9ancial s]vices by a =eign f9ancial    
in/itution t is n controll$ by !        
,gov]nm5t ( ,nor? ,korea 9 support ( !  
activities subject to exemption "u ?is  
,act4  ,,iii ,promotion ( human rights  
#cja4 ,in=mation te*nology ,section #ajd
 ( ! ,nor? ,korean ,human ,rights ,act (
 #bjjd 7#bb ,u4,s4,c4 #ghad7 is am5d$ by
 add+ at ! end ! foll[+3  7d7 ,in=mation
 te*nology /udy ,n lat] ?an #ahj days   
aft] ! date ( ! enactm5t ( ! ,nor?      
,korea ,sanctions ,en=cem5t ,act (      

#bjad1 ! ,presid5t %all submit a        
classifi$ report to ! appropriate       
congressional committees t sets =? a    
detail$ plan = mak+ unre/rict$1         
unmonitor$1 & inexp5sive electronic mass
 communications available to ! p ( ,nor?
 ,korea4  4  #cjb4 ,report on ,nor?     
,korean prison camps  7a7 ,9 g5]al ,!   
,secret>y ( ,/ate %all submit a report  
to ! appropriate congressional          
committees t describes1 ) respect to ea*
 political prison camp 9 ,nor? ,korea1  
to ! ext5t in=mation is available-- 7#a7
 ! camp's e/imat$ prison] population2   
7#b7 ! camp's geographical coord9ates2  
7#c7 ! reasons = ! conf9em5t ( !        
prison]s2  7#d7 ! camp's prim>y         
indu/ries & products1 & ! end us]s ( any
 goods produc$ 9 su* camp2  7#e7 !      
natural p]sons & ag5cies responsible =  
conditions 9 ! camp2  7#f7 ! conditions 
"u :i* prison]s are conf9$1 ) respect to
 ! adequacy ( food1 %elt]1 m$ical c>e1  
work+ conditions1 & reports (           
ill-treatm5t ( prison]s2 &  7#g7 imag]y1

 to include satellite imag]y ( ea* su*  
camp1 9 a =mat t1 if publi%$1 w\ld n    
compromise ! s\rces & me?ods us$ by !   
intellig5ce ag5cies ( ! ,unit$ ,/ates to
 capture geospatial imag]y4  7b7 ,=m ,! 
report requir$ "u subsection 7a7 may be 
includ$ 9 ! fir/ report requir$ to be   
submitt$ to ,congress aft] ! date ( !   
enactm5t ( ?is ,act "u sections #aaf7;d7
 & #ejb;,b7b7 ( ! ,=eign ,assi/ance ,act
 ( #aifa 7#bb ,u4,s4,c4 #baean7d7 &     
#bcjd7;b77 7relat+ to ! annual human    
rights report74  #cjc4 ,brief+ on s]i\s 
human rights abuses or c5sor%ip 9 ,nor? 
,korea  7a7 ,9 g5]al ,n lat] ?an #ahj   
days aft] ! date ( ! enactm5t ( ?is     
,act1 ! ,secret>y ( ,/ate %all provid+ a
 brief+1 :i* may be classifi$1 to !     
appropriate congressional committees t  
describes s]i\s human rights abuses or  
s]i\s c5sor%ip und]tak5 by ! ,nor?      
,korean gov]nm5t 9 ! mo/ rec5t ye>4  7b7
 ,designation ( responsible p]sons ,!   
,presid5t may designate "u section      
#ajd7;a7 any p]son describ$ 9 ! brief+  

requir$ "u subsection 7a7 z responsible 
= s]i\s human rights abuses or c5sor%ip 
9 ,nor? ,korea4  7c7 ,s5se ( ,congress  
,x is ! s5se ( ,congress t ! ,presid5t  
%\ld-- 7#a7 seek ! prompt adoption by ! 
,unit$ ,nations ,security ,c\ncil ( a   
resolution call+ = ! block+ ( ! assets (
 all p]sons responsible = sev]e human   
rights abuses or c5sor%ip 9 ,nor?       
,korea2 &  7#b7 fully coop]ate ) !      
prosecution ( any natural p]son li/$ 9 !
 report requir$ "u subsection 7a7 be=e  
any int]national tribunal t may be      
e/abli%$ to prosecute p]sons responsible
 = sev]e human rights abuses or c5sor%ip
 9 ,nor? ,korea4  ,,iv ,g5]al au?orities
  #dja4 ,susp5sion ( sanctions & o!r    
measures  7a7 ,9 g5]al ,any sanction or 
o!r measure requir$ "u title ,i1 ,,ii1  
or ,,iii 7or any am5dm5t made by su*    
titles7 may be susp5d$ = up to #a ye> ^u
 c]tification by ! ,presid5t to !       
appropriate congressional committees t !
 ,gov]nm5t ( ,nor? ,korea has made      
progress t[>d-- 7#a7 v]ifiably ceas+ its

 c\nt]feit+ ( ,unit$ ,/ates curr5cy1    
includ+ ! surr5d] or de/ruction (       
specializ$ mat]ials & equipm5t us$ or   
p>ticul>ly suitable = c\nt]feit+2  7#b7 
tak+ /eps t[>d f9ancial transp>5cy to   
comply ) g5]ally accept$ protocols to   
cease & prev5t ! laund]+ ( monet>y      
in/rum5ts2  7#c7 tak+ /eps t[>d         
v]ification ( its compliance )          
applicable ,unit$ ,nations ,security    
,c\ncil resolutions2  7#d7 tak+ /eps    
t[>d acc\nt+ = & repatriat+ ! citiz5s ( 
o!r c\ntries-- 7,a7 abduct$ or          
unlawfully held captive by ! ,gov]nm5t (
 ,nor? ,korea2 or  7,b7 deta9$ 9        
violation ( ! #aiec ,armi/ice ,agreem5t2
  7#e7 accept+ & beg9n+ to abide by     
int]nationally recogniz$ /&>ds = !      
di/ribution & monitor+ ( humanit>ian    
aid2 &  7#f7 tak+ v]ifi$ /eps to improve
 liv+ conditions 9 its political prison 
camps4  7b7 ,r5ewal ( susp5sion ,!      
susp5sion describ$ 9 subsection 7a7 may 
be r5ew$ = additional1 consecutive      
#ahj-;day p]iods aft] ! ,presid5t       

c]tifies to ! appropriate congressional 
committees t ! ,gov]nm5t ( ,nor? ,korea 
has cont9u$ to comply ) ! conditions    
describ$ 9 subsection 7a7 dur+ ! previ\s
 ye>4  #djb4 ,t]m9ation ( sanctions &   
o!r measures ,any sanction or o!r       
measure requir$ "u title ,i1 ,,ii1 or   
,,iii 7or any am5dm5t made by su*       
titles7 %all t]m9ate on ! date on :i* ! 
,presid5t det]m9es & c]tifies to !      
appropriate congressional committees t !
 ,gov]nm5t ( ,nor? ,korea has-- 7#a7 met
 ! requirem5ts set =? 9 section #dja2 & 
7#b7 has made significant progress      
t[>d-- 7,a7 completely1 v]ifiably1 &    
irrev]sibly dismantl+ all ( its nucle>1 
*emical1 biological1 & radiological     
weapons programs1 includ+ all programs =
 ! developm5t ( sy/ems design$ 9 :ole or
 9 "p = ! deliv]y ( su* weapons2  7,b7  
releas+ all political prison]s1 includ+ 
! citiz5s ( ,nor? ,korea deta9$ 9 ,nor? 
,korea's political prison camps2 &  7,c7
 7i7 ceas+ its c5sor%ip ( peaceful      
political activity2  7ii7 e/abli%+ an   

op51 transp>5t1 & repres5tative society2
 &  7iii7 fully acc\nt+ = & repatriat+  
,unit$ ,/ates citiz5s 7includ$          
deceas$7-- 7,i7 abduct$ or unlawfully   
held captive by ! ,gov]nm5t ( ,nor?     
,korea2 or  7,,ii7 deta9$ 9 violation ( 
! #aiec ,armi/ice ,agreem5t4  #djc4     
,nor? ,korea ,en=cem5t & ,humanit>ian   
,fund  7a7 ,e/abli%m5t ,!re is e/abli%$ 
9 ! ,treasury ( ! ,unit$ ,/ates a fund  
to be kn[n z ! ,nor? ,korea ,en=cem5t & 
,humanit>ian ,fund 7ref]r$ to 9 ?is     
section z ! ,fund74  7b7 ,deposits ,!   
,presid5t %all deposit into ! ,fund1 &  
%all transf] & consolidate on ! books ( 
! ,treasury 9 a special acc\nt = !      
purposes describ$ 9 subsection 7c71 all 
rev5ues d]iv$ f-- 7#a7 f9es & p5alties  
assess$ = violations ( ?is ,act1 or any 
regulation e/abli%$ "u ?is ,act1 or =   
any violation ( an applicable ,executive
 ord]2 &  7#b7 except z provid$ 9       
section #aje7;c71 all f9es & p5alties   
paid 9 lieu ( ! comm5cem5t (1 or paid 9 
settlem5t (1 crim9al or civil proce$+s =

 a violation ( ?is ,act or any          
regulation e/abli%$ "u ?is ,act1 or =   
any violation ( an applicable ,executive
 ord]4  7c7 ,uses ,!re are au?oriz$ to  
be appropriat$ f ! ,fund ea* fiscal     
ye>-- 7#a7 su* am\nts z may be specifi$ 
9 an ,act mak+ appropriations = !       
adm9i/ration ( ! ,fund2 &  7#b7 )\t     
reg>d to fiscal ye> limitation1 am\nts n
 exce$+-- 7,a7 to c>ry out section #ajc 
( ! ,nor? ,korea ,human ,rights ,act (  
#bjjd 7#bb ,u4,s4,c4 #ghac71 #c1jjj1jjj2
  7,b7 to c>ry out section #ajd ( !     
,nor? ,korea ,human ,rights ,act ( #bjjd
 7#bb ,u4,s4,c4 #ghad71 #e1jjj1jjj2     
7,c7 to c>ry out section #bjc ( ! ,nor? 
,korea ,human ,rights ,act ( #bjjd 7#bb 
,u4,s4,c4 #ghcc71 #e1jjj1jjj2 &  7,d7 to
 c>ry out subsection 7d7 ( section #ajd 
( ! ,nor? ,korean ,human ,rights ,act ( 
#bjjd 7#bb ,u4,s4,c4 #ghad7 7z add$ by  
section #cja ( ?is ,act71 #b1jjj1jjj4   
7d7 ,satisfaction ( judgm5ts  7#a7 ,9   
g5]al ,! ,presid5t may direct a transf] 
( funds f ! ,fund e/abli%$ "u ?is       

section to ! ,unit$ ,/ates di/rict c\rt 
9 :i* any judgm5t has be5 ent]$ aga9/ ! 
,gov]nm5t ( ,nor? ,korea pursuant to    
section #afje;,a ( title #bh1 ,unit$    
,/ates ,code1 pursuant to section       
#ajhc7;c77#b7 ( ! ,national ,def5se     
,au?orization ,act = ,fiscal ,ye> #bjjh 
7#bh ,u4,s4,c4 #afje;,a note71 or       
pursuant to section #bja ( ! ,t]rorism  
,risk ,insurance ,act ( #bjjb 7#bh      
,u4,s4,c4 #afaj note71 su* am\nts z may 
be available aft] ! obligation ( am\nts 
appropriat$ pursuant to ! au?orization (
 appropriations "u subsection 7c71 = !  
satisfaction ( su* judgm5ts4  7#b7 ,rule
 ( con/ruction on /&+ by judgm5t        
cr$itors ,no?+ 9 ?is section1 any       
am5dm5t made by section #aje1 or section
 #cjf %all be con/ru$ to create /&+ by  
any judgm5t cr$itor to conte/ or int]v5e
 9 a =feiture action "u *apt] #df (     
title #ah1 ,unit$ ,/ates ,code4  7e7    
,brief+ requir$ ,n lat] ?an #ahj days   
aft] ! date ( ! enactm5t ( ?is ,act1 & e
 #ahj days !reaft]1 ! ,presid5t %all    

provide a brief+ to ! appropriate       
congressional committees describ+ am\nts
 available 9 ! ,fund1 am\nts obligat$ & 
exp5d$ = ea* purpose1 & any am\nts      
transf]r$ out ( ! ,fund4  7f7 ,transf]  
,to prev5t ! accumulation ( excessive   
surpluses 9 ! ,fund1 9 any fiscal ye> an
 am\nt specifi$ 9 an annual             
appropriation law t is available aft] ! 
obligation ( am\nts au?oriz$ to be      
appropriat$ 9 subsection 7c7 & au?oriz$ 
to be transf]r$ 9 subsection 7d71 may be
 transf]r$ out ( ! ,fund & deposit$1 9  
equal proportions1 into ! funds e/abli%$
 "u section #ebd7;c7 ( title #bh1 ,unit$
 ,/ates ,code1 & section #igjc ( title  
#ca1 ,unit$ ,/ates ,code4  7g7 ,sunset  
,! ,fund e/abli%$ "u ?is section %all   
cease to exi/ on ,septemb] #cj1 #bjbc1 &
 any unexp5d$ funds rema9+ 9 ! ,fund    
aft] su* date %all be transf]r$ 9       
accordance ) subsection 7f74  #djd4     
,rulemak+  7a7 ,9 g5]al ,! ,presid5t is 
au?oriz$ to promulgate su* rules &      
regulations z may be necess>y to c>ry   

out ! provisions ( ?is ,act 7:i* may    
include regulatory exceptions71 includ+ 
"u section #bje ( ! ,int]national       
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agjd74  7b7 ,rule (          
con/ruction ,no?+ 9 ?is ,act or 9 any   
am5dm5t made by ?is ,act %all be con/ru$
 to limit ! au?ority ( ! ,presid5t to   
designate or sanction p]sons pursuant to
 an applicable ,executive ord] or       
o!rwise pursuant to ! ,int]national     
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agja et seq474  #dje4        
,effective date ,except z o!rwise       
provid$ 9 ?is ,act1 ?is ,act1 & !       
am5dm5ts made by ?is ,act1 %all be 9    
effect dur+ ! #c-ye> p]iod beg9n+ on !  
date ( ! enactm5t ( ?is ,act4