; table of contents. Sec. 2. Findings. Sec. 3. Definitions. TITLE I—Financial requirements and sanctions relating to transactions involving North Korea Sec. 101. Sanctions with respect to financial institutions providing support to the Government of North Korea. Sec. 102. Expansion of licensing requirements for transactions in North Korean covered property. Sec. 103. Authorization of imposition of sanctions with respect to the provision of specialized financial messaging services to North Korean financial institutions and sanctioned persons. Sec. 104. Authorization of imposition of sanctions with respect to governments that fail to comply with United Nations Security Council sanctions against North Korea. Sec. 105. Grants to conduct research on financial networks and financial methods of the Government of North Korea. Sec. 106. Report on use by the Government of North Korea of beneficial ownership rules to access the international financial system. Sec. 107. Sense of Congress on identification and blocking of property of North Korean officials. Sec. 108. Sense of Congress regarding the Kaesong Industrial Complex. TITLE II—Divestment from North Korea Sec. 201. Authority of State and local governments to divest from companies that invest in North Korea. Sec. 202. Safe harbor for changes of investment policies by asset managers. Sec. 203. Sense of Congress regarding certain ERISA plan investments. Sec. 204. Rule of construction. TITLE III—General authorities Sec. 301. Rulemaking. Sec. 302. Authority to consolidate reports. Sec. 303. Rule of construction. 2. Findings Congress finds the following: (1) Since 2006, the United Nations Security Council has approved 5 resolutions imposing sanctions against North Korea under chapter VII of the United Nations Charter, which— (A) prohibit the use, development, and proliferation of weapons of mass destruction by the Government of North Korea; (B) prohibit the transfer of arms and related materiel to or by the Government of North Korea