Regulation 16

Bank accounts opened by Democratic People’s Republic of Korea’s diplomatic or consular officer, etc.

Subsidiary LegislationIn forceProvision 16 of 20

Except with the prior written approval of the Authority, a financial institution must not open or maintain any bank account for —

(a)

or on behalf of any Democratic People’s Republic of Korea’s diplomatic or consular officer or any of the officer’s family members; or

(b)

the carrying out of any activity of the Democratic People’s Republic of Korea’s diplomatic and consular missions.

Bank accounts opened by Democratic People’s Republic of Korea’s diplomatic or consular officer, etc.

Subsidiary LegislationIn forceProvision 16 of 20

Except with the prior written approval of the Authority, a financial institution must not open or maintain any bank account for —

(a)

or on behalf of any Democratic People’s Republic of Korea’s diplomatic or consular officer or any of the officer’s family members; or

(b)

the carrying out of any activity of the Democratic People’s Republic of Korea’s diplomatic and consular missions.