Australia and sanctions

In accordance with regulation 6A(2) of the Autonomous Sanctions Regulations 2011 (the Regulations), the Minister for Foreign Affairs (the Minister) has designated the following individuals for targeted financial sanctions and declared for travel bans (together 'listed'), and designated one entity for targeted financial sanctions, by legislative instrument 

In accordance with section 15 of the Charter of the United Nations Act 1945 (COTUNA), the Minister for Foreign Affairs (the Minister) has listed one person and one entity for targeted financial sanctions by legislative instrument (Charter of the United Nations (Listed Persons and Entities) Amendment (No. 4) Instrument 2024.

Australia expresses its strong support for the European Union’s decision to impose cyber sanctions on three individuals linked to the Russian Armed Forces for their role in malicious cyber activity targeting Estonia.

The Australian Sanctions Office (ASO) has released 6 new guidance notes to help Australians and Australian businesses comply with certain aspects of Australian sanctions laws.

The Sanctions Risk Assessment Tool is a structured questionnaire which can be used by regulated entities to inform a preliminary assessment of the sanctions risks associated with a given activity.

The Sanctions Compliance Toolkit provides a comprehensive guide aimed at helping regulated entities and legal professionals navigate the complexities of Australian sanctions laws.

This guidance note outlines the prohibitions on dealing with designated persons or entities under Australian sanctions laws. It details restrictions on providing financial assets to these parties and managing assets they own or control. 

Australian sanctions laws can affect various activities conducted by Australian universities, especially when enrolling a student, employing a person, or engaging in research collaborations with persons and entities from sanctioned countries.

Australian sanctions laws impose strict prohibitions on dealing with designated persons or entities, including to require financial institutions and other entities to freeze assets owned or controlled by these persons or entities.