The US Treasury Department has included in the sanctions lists non-Bank credit organization “Russian financial society.” This is stated in the message on the Agency’s website.
The organization was included in the sanctions lists related to the DPRK. Washington suspected NBCO of activities that are inconsistent with the law on the non-proliferation of weapons of mass destruction.
“The US Treasury continues to strengthen existing sanctions against individuals and companies in Russia and other countries that facilitate illegal trade with North Korea,” the Ministry said in a statement.
According to the US Treasury, from 2017 to 2018, the Russian organization opened several Bank accounts for the company Dandong Zhongsheng, which is in the sanctions lists of Washington.
“We can not assume on what grounds the NBCO could be included in the sanctions list and refrain from commenting until the circumstances are clarified. We hope that this misunderstanding will be resolved in the near future,” — said a representative of the “Russian financial society.”
The website of the organization States that the NBCO specializes in cash and settlement services of legal entities and individual entrepreneurs also conducts currency and conversion operations. The non-Bank credit organization was registered by the Central Bank in November 2002.
