SK GVT Investment in North Korea


On Jul. 15, SK GVT extended North Korea forex transaction guidelines.


  • SK GVT amended forex transaction guidelines regarding investment in North Korea.
  • As the review period under guidelines on foreign exchange transactions with North Korea expires on Jul. 30, 2021, the review deadline will be reset to Jul. 30, 2024.

Regulators SK GVT
Entity Types Bank; Corp; Inv Co
Reference PR 7/15/2021
Functions Compliance; Financial; Operations; Treasury
Countries North Korea (DPRK); South Korea
Category
State
Products Banking; Corporate; Forex; Fund Mgt
Regions AP
Rule Type Final
Rule Date 7/15/2021
Effective Date 7/30/2024
Rule Id 111200
Linked to
Reg. Last Update 7/15/2021
Report Section International

Last substantive update on 07/19/2021