Printer Friendly

Analysts call for tighter on North Korea sanctions.

Global Banking News-March 20, 2019--Analysts call for tighter on North Korea sanctions

(C)2019 ENPublishing -

Global Banking News - 20 March 2019

Analysts have called for tighter controls on North Korea and have suggested that domestic banks in the nation have to be targeted.

Analysts said that the US should target banks that facilitate illicit transactions for the government.

The recommendations come as it has emerged that North Korea has been thwarting sanctions through illegal means such as ship-to-ship transfers of embargoed goods and the operation of shell firms abroad.

Even though sanctions are said to be working in the nation, analysts have called for tighter sanctions in order to put pressure on the nation to cut back on its nuclear-weapons programme.

[Editorial queries for this story should be sent to]

((Distributed via M2 Communications -

COPYRIGHT 2019 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Mar 20, 2019
Previous Article:Silvergate Bank added new crypto customers in 2018.
Next Article:Merkel opts to stay out of controversies surrounding bank merger.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters