Treasury Seeks Comments on Information Collection Related to North Korea Money-Laundering Designation

The Treasury Department is seeking comments on an information collection that extends a currently approved collection designating North Korea as a “Jurisdiction of Primary Money Laundering Concern,” according to a notice. The designation bans banks and other financial institutions from opening accounts in the U.S. on behalf of a North Korean bank and processing North Korean transactions, the notice said. Comments are due Dec. 30.