On June 30th, 2023, the United Nations Security Council’s sanctions committee modified the sanctions list for North Korea. As a result, licensed corporations, virtual asset service providers, and associated entities are required to update their screening databases for customer and payment sanctions screening accordingly. These entities should also refer to a circular released on February 7th, 2018, which outlines the regulatory standards for complying with sanctions imposed by the UN Security Council.
Security Council 1718 Sanctions Committee Amends 16 Entries on Its Sanctions List: https://apps.sfc.hk/edistributionWeb/api/circular/openAppendix?lang=EN&refNo=23EC31&appendix=0
Resource:
https://apps.sfc.hk/edistributionWeb/gateway/EN/circular/aml/doc?refNo=23EC31