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Council Regulation (EU) 2017/1509 Article 29

Council Regulation (EU) 2017/1509 Article 29

Article 29

1.   By way of derogation from Article 28(1), the competent authorities of the Member States may authorise, upon request of a DPRK diplomatic mission, consular post, or one of their members, the opening of one account per mission, post and member, provided that the mission or post is hosted in that Member State or the member of the mission or post is accredited to that Member State. 2.   By way of derogation from Article 28(2), the competent authorities of the Member States may authorise an account to remain open, upon request by a DPRK mission, post, or member, provided that the Member State has determined that: (i) the mission or post is hosted in that Member State or the member of that mission or post is accredited to that Member State; and (ii) the mission, post or its member does not hold any other account within that Member State. In the event that the mission, post or the DPRK member holds more than one account within that Member State, the mission, post, or member may indicate which account shall be retained. 3.   Subject to the applicable rules of the 1961 Vienna Convention on Diplomatic Relations and the 1963 Vienna Convention on Consular Relations, the Member States shall inform the other Member States and the Commission of the names and identifying information of any DPRK member of the diplomatic mission and consular post accredited to that Member State, at the latest on 13 March 2017, and of subsequent updates within one week. 4.   The competent authorities of the Member States may inform credit and financial institutions in that Member State of the identity of any DPRK member of a diplomatic mission or consular post accredited to that or any other Member State. 5.   The Member States shall inform the other Member States and the Commission of any authorisation granted pursuant to paragraphs 1 and 2.

Read the full instrument → · Read this in context: CHAPTER IV — Restrictions on Transfers of Funds and Financial Services →

Other provisions in CHAPTER IV — Restrictions on Transfers of Funds and Financial Services

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 29 of Council Regulation (EU) 2017/1509 (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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