In accordance with section 15 of the Charter of the United Nations Act 1945 (Cth) (the Act), the Minister for Foreign Affairs (the Minister) has previously listed, by legislative instrument, certain persons and entities. These persons and entities are hereby given notice that these listings are being considered as to whether they will continue to have effect.

The Minister for Foreign Affairs (the Minister) has by legislative instrument designated persons and entities for targeted financial sanctions and declared persons for travel bans (together, 'listed') in accordance with item 6A of regulation 6 (the Russia Criteria) of the Autonomous Sanctions Regulations 2011 (the Regulations).

On 19 May, AUSTRAC released ‘the second public consultation on new AML/CTF Rules’. Among the proposed changes include the requirement for reporting entities regulated by AUSTRAC to develop, maintain and comply with policies to ensure that they do not contravene targeted financial sanctions obligations, including asset freezing, in the provision of their designated services.

The Minister for Foreign Affairs (the Minister) has by legislative instrument designated 60 vessels as sanctioned vessels for Russia (‘listed’) in accordance with regulation 8 of the Autonomous Sanctions Regulations 2011 (the Regulations).