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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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North Korea holds drills simulating nuclear counterattack against enemy
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The United States has issued an advisory cautioning its financial institutions against engaging in financial deals with North Korea, while calling the communist country a "primary money laundering concern," a US broadcaster reported Wednesday.
The Financial Crimes Enforcement Network, a bureau of the US Treasury Department, made the issuance Friday for the second time this year, arguing that the North is a dangerous country and does not cooperate with global efforts to prevent money laundering.
The Financial Crimes Enforcement Network, a bureau of the US Treasury Department, made the issuance Friday for the second time this year, arguing that the North is a dangerous country and does not cooperate with global efforts to prevent money laundering.
FinCEN's action came after North Korea was blacklisted once again by the Financial Action Task Force, an intergovernmental organization to combat money laundering. The FATF described the North as a "high-risk and non-cooperative" country in the global fight against money laundering and terrorist financing at the UN General Assembly in June, the broadcaster said.
The advisory underlined that American financial institutions should continue to abide by Treasury and FinCEN guidelines, and be well-acquainted with regulations on transactions with the North, as stipulated in UN Security Council resolutions, according to the broadcaster. (Yonhap)
