Hogan Lovells Cadwalader is a global law firm trusted by clients to deliver on complex, high-stakes matters.
Operating at the intersection of business, finance, and government, we bring an unwavering commitment to client service and the decisive counsel that helps clients achieve exceptional results.
Consistently recognized for innovation across legal services, we combine sharp judgment with deep commercial perspective and intellectual rigor to address critical, cutting-edge challenges.
With 3,100 lawyers worldwide, we offer global scale with strong local insight in the markets that matter most. Our commitment extends beyond client work through pro bono activities, community investment, and responsible business practices.
OFAC designated a North Korean national, based in
Vietnam, for his association with the Workers' Party of Korea
("WPK").
According to OFAC, Kim Su Il is an employee of the Munitions
Industry Department ("MID"), which is a subordinate of
the WPK. The WPK was sanctioned by both the United Nations and the
United States for its involvement with North Korea's missile
program.
All property and interests in property of this individual, as
well as any entities that are owned 50 percent or more by him, and
that are in the United States or are in the possession or control
of U.S. persons, are now blocked and must be reported to OFAC.
Additionally, OFAC regulations generally prohibit any dealings by
U.S. persons, or within the United States, that involve these
individuals, their property or interests in property.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.