Council Regulation (EU) 2017/1858Show full title

Article 1 U.K.

Regulation (EU) 2017/1509 is amended as follows:

(1)

Article 16e is replaced by the following:

‘Article 16e

1. By way of derogation from Article 16d, the competent authorities of the Member States may authorise transactions in refined petroleum products that are determined to be exclusively for humanitarian purposes, provided that all of the following conditions are met:

(a) the transactions do not involve individuals or entities that are associated with the DPRK's nuclear or ballistic missile programmes or other activities prohibited by UNSCR 1718 (2006), 1874 (2009), 2087 (2013), 2094 (2013), 2270 (2016), 2321 (2016), 2356 (2017), 2371 (2017) or 2375 (2017) including the persons, entities and bodies listed in Annex XIII, XV, XVI and XVII;

(b) the transaction is unrelated to generating revenue for the DPRK's nuclear or ballistic missile programmes or other activities prohibited by UNSCR 1718 (2006), 1874 (2009), 2087 (2013), 2094 (2013), 2270 (2016), 2321 (2016), 2356 (2017), 2371 (2017) or 2375 (2017);

(c) the Sanctions Committee has not notified the Member States that 90 % of the aggregate annual limit has been reached; and

(d) the Member State concerned notifies the Sanctions Committee of the amount of the export and information on all parties to the transaction every 30 days.

2. The Member State concerned shall notify the other Member States and the Commission of any authorisation granted pursuant to paragraph 1.’;

(2)

Article 16g is replaced by the following:

‘Article 16g

1. By way of derogation from Article 16f, the competent authorities of the Member States may authorise transactions in crude oil, provided that all of the following conditions are met:

(a) the competent authority of the Member State has determined that the transaction is exclusively for humanitarian purposes; and

(b) the Member State has obtained the advance approval of the Sanctions Committee on a case-by-case basis, in accordance with paragraph 15 of UNSCR 2375 (2017).

2. The Member State concerned shall notify the other Member States and the Commission of any authorisation granted pursuant to paragraph 1.’;

(3)

point (a) of Article 17(2) is replaced by the following:

‘(a) to establish, maintain or operate a joint venture or a cooperative entity with any natural or legal person, entity or body referred to in paragraph 1 or domiciled in the DPRK or to, to take, maintain or extend an ownership interest, including by acquisition in full or the acquisition of shares and other securities of a participatory nature in any legal person, entity or body that is referred to in paragraph 1 or is domiciled in the DPRK, or in activities or assets in the DPRK;’;

(4)

Article 17a is replaced by the following:

‘Article 17a

1. By way of derogation from point (a) of Article 17(2), the competent authorities of the Member States may authorise such activities, in particular those regarding joint ventures or cooperative entities that are non-commercial, public utility infrastructure projects not generating profit, provided that the Member State has obtained the advance approval of the Sanctions Committee on a case-by-case basis.

2. By way of derogation from point (a) of Article 17(2), and in insofar as they do not relate to joint ventures or cooperative entities, the competent authorities of the Member States may authorise such activities, provided that the Member State has determined that those activities are exclusively for humanitarian purposes, and are not in the sectors of mining, refining, chemical, metallurgy or the metalworking, aerospace or conventional arms-related industries.

The Member State concerned shall notify the other Member States and the Commission of any authorisation granted pursuant to paragraphs 1 or 2.’;

(5)

Article 21 is amended as follows:

(a)

paragraph 4 is replaced by the following:

‘4. The prohibitions in paragraphs 1 and 2 shall not apply to any of the following transactions, provided that they involve a transfer of funds for amounts equal to or below EUR 15 000 or equivalent:

(a) transactions regarding foodstuffs, healthcare or medical equipment or for agricultural or humanitarian purposes;

(b) transactions regarding the execution of the exemptions provided for in this Regulation;

(c) transactions in connection with a specific trade contract not prohibited by this Regulation;

(d) transactions required exclusively for the implementation of projects funded by the Union or its Member States for development purposes directly addressing the needs of the civilian population or the promotion of denuclearisation; and

(e) transactions regarding a diplomatic or consular mission or an international organisation enjoying immunities in accordance with international law, insofar as such transactions are intended to be used for official purposes of the diplomatic or consular mission or international organisation.’;

(b)

the following paragraph is added:

‘5. The prohibitions in paragraphs 1 and 2 shall not apply to transactions regarding personal remittances, provided that they involve a transfer of funds for amounts equal to or below EUR 5 000 or equivalent.’;

(6)

Article 22 is amended as follows:

(a)

paragraph 1 is replaced by the following:

‘1. By way of derogation from the prohibitions in Article 21(1) and (2), the competent authorities of the Member States may authorise:

(a) the transactions mentioned in points (a) to (e) of Article 21(4) with a value above EUR 15 000 or equivalent; and

(b) the transactions mentioned in Article 21(5) with a value above EUR 5 000 or equivalent.’;

(b)

paragraph 2 is replaced by the following:

‘2. The requirement for authorisation referred to in paragraph 1 shall apply regardless of whether the transfer of funds is executed in a single operation or in several operations which appear to be linked. For the purpose of this Regulation, “operations which appear to be linked” includes:

(a) a series of consecutive transfers from or to the same credit or financial institution within the scope of Article 21(2) to or from the same DPRK person, entity or body, which are made in connection with a single obligation to transfer funds, where each individual transfer falls below EUR 15 000 for transactions mentioned in Article 21(4) or EUR 5 000 for transactions mentioned in Article 21(5), but which, in the aggregate, meet the criteria for authorisation; and

(b) a chain of transfers involving different payment service providers, or natural or legal persons, which is related to a single obligation to make a transfer of funds.’.