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Pan Systems Pyongyang

Disqualified · Sanctioned entity
TypeCompany[sources]
NameGlocom · International Global System · International Golden Services · Pan Systems Pte. Ltd. (Pyongyang branch) · Pan Systems Pyongyang · 1 more...[sources]
Other nameGlocom · Glocom International Golden Services · International Global System · International Golden Services · International Golden Services, International Global System · 4 more...[sources]
Incorporation datenot available[sources]
Jurisdictionnot available[sources]
CountryNorth Korea[sources]
DescriptionKey player in financial operations related to the network of Global Communications (Glocom) in order to circumvent sanctions on behalf of the DPRK. Pan Systems in Singapore started doing business in 1996. Almost two years later, Ryang Su Nyo suggested establishing a representative office to help her in sales and logistics. The company is operated by the DPRK Reconnaissance General Bureau (RGB; KPe.031) and was designated by South Korea in March 2016. "According to a UN Member State, an Indonesian company, Advanced Technology Facility, on behalf of Pan Systems Pyongyang, provided training on how to use Glocom radios to the Ethiopian National Defence Forces in December 2022."[sources]
PermID5096757338[sources]
Phone+850-218-111 (ext. 8636)[sources]
Registration numbernot available[sources]
Websiteglocom-corp.com[sources]
StatusActive[sources]
AddressNorth Korea · Room 818, Pothonggang Hotel, Ansan-1-Dong, Pyongchon district, Pyongyang, North Korea · Room 818, Pothonggang Hotel, Ansan-Dong, Pyongchon District, Pyongyang, North Korea · Room 818, Pothonggang Hotel, Ansan-Dong, Pyongchon district, Pyongyang · Room 818, Pothonggang Hotel, Ansan-Dong, Pyongchon district, Pyongyang : CORÉE DU NORD · 2 more...[sources]
Source linkfind-and-update.company-information.service.gov.uk · gels-avoirs.dgtresor.gouv.fr · permid.org · www.nknews.org[sources]
Last changeLast processedFirst seen

Descriptions

Pan Systems is controlled by and works on behalf of the Reconnaissance General Bureau

Belgian Financial Sanctions,

Pan Systems is controlled by and works on behalf of the Reconnaissance General Bureau

EU Financial Sanctions Files (FSF),

Pan Systems is also controlled by and works on behalf of the Reconnaissance General Bureau, an entity that has been designated by the United Nations. The March 2023 Final Report of the UN Panel of Experts presents information that Pan Systems continues to engage in attempts to export arms. The September 2023 Report of the UN Panel of Experts identified the company as exporting and providing training in the use of military telecommunications equipment to the Ethiopian armed forces via front companies in Malaysia and Indonesia.

EU Financial Sanctions Files (FSF),

Pan Systems a aidé à contourner les sanctions imposées par le Conseil de sécurité des Nations unies en tentant de vendre des armes et du matériel connexe à l’Érythrée. Pan Systems est également contrôlée par le Bureau général de reconnaissance, une entité qui a été désignée par les Nations unies, et travaille pour le compte dudit Bureau. Dans son rapport final de mars 2023, le groupe d’experts des Nations unies présente des informations selon lesquelles Pan Systems continue de participer à des tentatives d’exportation d’armes. Dans son rapport de septembre 2023, le groupe d’experts des Nations unies a identifié la société comme exportant des équipements de télécommunication militaires pour les forces armées éthiopiennes par l’intermédiaire de sociétés écrans en Malaisie et en Indonésie, et comme dispensant une formation à l’utilisation de ces équipements.

French National Asset Freezing System,

Disqualified

UK Companies House Disqualified Directors,

Pan Systems is also controlled by and works on behalf of the Reconnaissance General Bureau which has been designated by the United Nations. The Director Disqualification Sanction was imposed on 09/04/2025.

UK FCDO Sanctions List,

Pan Systems is also controlled by and works on behalf of the Reconnaissance General Bureau which has been designated by the United Nations.

UK HMT/OFSI Consolidated List of Targets,

According to Paragraph 85 (p. 36) of the UN Panel of Experts February 2017 report, the Panel is investigating if Pan System Pyongyang's alias "Wonbang Trading Co." is actually referring to the North Korean company "Wonbong Trading Co.". Global Communications as well as International Golden Services and International Global System are listed as aliases of Pan Systems Pte. Ltd. (Pyongyang branch) in the recommendation for designation by the UN Panel of Experts since September 2017.

DPRK Reports non-official source,

Relationships

Data sources

French National Asset Freezing System5,863

The register lists all persons, entities and vessels subject to asset freezing measures in force on French territory, pursuant to national, European and international (UN) provisions.

France · DGT

UK Companies House Disqualified Directors15,680

Individuals which have been disqualified from holding the post of a company director in the United Kingdom following a court decision.

United Kingdom · CoH

Monaco National Fund Freezing List5,809

A list of entities subject to fund and economic resource freezing procedures.

Monaco · Monaco

UK FCDO Sanctions List5,976

Official register of individuals, entities, and vessel subject to UK sanctions under regulations made pursuant to the Sanctions and Anti-Money Laundering Act 2018.

United Kingdom · FCDO

DPRK Reports5,502

A database of entities and events related to North Korea's sanctions evasion efforts.

United Kingdom · RUSI · non-official source

UK HMT/OFSI Consolidated List of Targets7,005

The United Kingdom's consolidated international sanctions list.

United Kingdom · OFSI

EU Financial Sanctions Files (FSF)7,488

As part of the Common Foreign Security Policy the European Union publishes a sanctions list that is implemented by all member states.

European Union · DG FISMA

Belgian Financial Sanctions6,600

Belgium extends the European FSF sanctions list on the basis of a national terrorist list, issued by the National Security Council

Belgium · FOD

External databases

The record has been enriched with data from the following external databases:

PermID Open Data4,633

Permanent Identifier (PermID) is a reference data spine offered by LSEG/Refinitiv to help create unique identifiers for organizations that are publicly listed.

External dataset · LSEG · non-official source


Source data IDs: kprusi-d34a6b248122bde65f048b256557d199405a0046 · eu-fsf-eu-4082-36 · mc-freezes-c47fa2c8fb502d4695cef07b1c38c8993a94b8a2 · eu-oj-aa5ed9197544aa94dc3ee1876b5134594c2089e5 · gb-fcdo-dpr0064 · gb-hmt-13553 · fr-ga-2426 · permid-5096757338 · gb-coh-u4i6cfougbf456ldnryhsgpu6ve

For experts: raw data explorer