1. Short title This Act may be cited as the Korean Interdiction and Modernization of Sanctions Act . 2. Table of contents The table of contents for this Act is as follows: Sec. 1. Short title. Sec. 2. Table of contents. Sec. 3. Definitions. Title I—SANCTIONS TO ENFORCE AND IMPLEMENT UNITED NATIONS SECURITY COUNCIL SANCTIONS AGAINST NORTH KOREA Sec. 101. Modification and expansion of requirements for the designation of persons. Sec. 102. Briefing on measures to deny specialized financial messaging services to designated North Korean financial institutions. Sec. 103. Prohibition on indirect correspondent accounts. Sec. 104. Limitations on foreign assistance to noncompliant governments. Sec. 105. Amendments to enhance inspection authorities. Sec. 106. Enforcing compliance with United Nations shipping sanctions against North Korea. Sec. 107. Report on cooperation between North Korea and Iran. Sec. 108. Report on implementation of United Nations Security Council resolutions by other governments. Title II—SANCTIONS WITH RESPECT TO HUMAN RIGHTS ABUSES BY THE GOVERNMENT OF NORTH KOREA Sec. 201. Sanctions for forced labor and slavery overseas of North Koreans. Sec. 202. Modifications to sanctions suspension and waiver authorities. Sec. 203. Reward for informants. Sec. 204. Report on designation of North Korea as a state sponsor of terrorism. Title III—GENERAL AUTHORITIES Sec. 301. Authority to consolidate reports. Sec. 302. Rule of construction. Sec. 303. Regulatory authority. Sec. 304. Limitation on funds. 3. Definitions (a) Amendments to definitions in the North Korea Sanctions and Policy Enhancement Act of 2016 (1) Applicable Executive order Section 3(1)(A) of the North Korea Sanctions and Policy Enhancement Act of 2016 ( 22 U.S.C. 9202(1)(A) ) is amended— (A) by striking or Executive Order 13694 and inserting Executive Order 13694 ; and (B) by inserting or Executive Order 13722 ( 50 U.S.C. 1701 note