Singapore legislation
Regulation 9
of United Nations (Sanctions — Democratic People’s Republic of Korea) Regulations 2010
Regulation 9
Prohibition against dealing with property of designated person
Amended byS 590/2017 wef 20/10/2017
No person in Singapore and no citizen of Singapore outside Singapore shall deal, directly or indirectly, in any property, funds or other financial assets or economic resources that are owned or controlled, directly or indirectly, by or on behalf of —
(a)
a designated person;
(b)
any entity owned or controlled by a designated person; or
(c)
any individual or entity who acts on behalf of or under the direction of a designated person,including funds derived or generated from such property.