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Korea, Democratic People’s Republic of: Compliance Risk Assessment Template Released by fAPR2P
High Level of Compliance Risk Identified in North Korea
In a shocking revelation, fAPR2P’s latest risk assessment has identified an extremely high level of compliance risk in the Democratic People’s Republic of Korea, also known as North Korea. The report highlights the country’s notorious record of perpetrating crimes against humanity, with tens of thousands of political prisoners suffering at the hands of the state’s brutal policies.
Notorious Record of Human Rights Violations
According to the assessment, the North Korean government has adopted a deliberate policy of committing atrocities as a means of maintaining power in the face of lack of popular legitimacy. The report cites widespread and serious violations of human rights as a direct result of this policy, with little effective pressure from external forces to bring an end to these abuses.
Isolationist Policies Exacerbate Situation
The country’s isolationist policies, marked by a near-total absence of unilateral or multilateral engagement, have contributed to a lack of independent media and civil society, further exacerbating the situation. This has created a perfect storm of compliance risk, making it challenging for organizations and individuals operating within the country to navigate the complex legal landscape.
Recommendations for Stakeholders
The full report is available on our website, providing in-depth analysis and recommendations for stakeholders seeking to mitigate compliance risks in North Korea. This latest addition to our Risk Assessment Series joins a growing collection of reports covering countries across the Asia Pacific region, including a previous assessment of the Democratic People’s Republic of Korea.
Stay Up-to-Date with Regional Outlooks
For continued updates on the situation in North Korea, we recommend following our Regional Outlooks, which provide expert insights and analysis on the country’s political and economic landscape.