North Korea Sanctions and Policy Enhancement Act of 2016

[AI summary unavailable — showing source text] North Korea Sanctions Enforcement Act of 2015 This bill requires the President to investigate any credible information of sanctionable activities involving North Korea and to designate and apply sanctions with respect to any person (including entities) knowingly engaging in or contributing to activities in North Korea, through export or import, which involve weapons of mass destruction, significant arms or related materiel, significant luxury goods, money laundering, censorship, or human rights abuses. The President shall exercise authorities under the International Emergency Economic Powers Act with respect to such persons and the government of North Korea. The President also has discretionary authority to designate and apply sanctions to persons involved in certain other kinds of conduct. Real or personal property will be subjected to civil forfeiture if it is involved in any attempted or actual violation of this Act, or which constitutes or is derived from proceeds traceable to such a violation. The Secretary of the Treasury is required to: determine whether reasonable grounds exist for concluding that North Korea is a jurisdiction of primary money laundering concern; and, if so…