In accordance with the requirements of UNSCR 2270 (2016), credit and financial institutions shall, on 31 May 2016 at the latest:
(a) close any account with a credit or financial institution referred to in Article 21(2);
(b) terminate any correspondent banking relationship with a credit or financial institution referred to in Article 21(2);
(c) close representative offices, branches, and subsidiaries in the DPRK;
(d) terminate joint ventures with a credit or financial institution referred to in Article 21(2); and
(e) relinquish any ownership interest in a credit or financial institution referred to in Article 21(2).