Sanctions are measures imposed by the Australian Government and the United Nations Security Council (UNSC) in situations of international concern.
Australian sanction laws implement UNSC sanctions and Australian autonomous sanctions regimes.
Australian autonomous sanctions regimes may supplement UNSC sanctions regimes, or be separate from them.
These sanctions impose restrictions on activities relating to particular countries, goods and services, persons and entities.
Implications for reporting entities
AUSTRAC recommends that reporting entities review their AML/CTF programs to accommodate new sanctions.
List of sanctions
The sanctions regimes currently implemented under Australian sanction laws are:
- Central African Republic
- Crimea and Sevastopol
- Democratic People's Republic of Korea (North Korea) (countermeasures also in place for DPRK)
- Democratic Republic of the Congo
- Former Federal Republic of Yugoslavia
- Iran (countermeasures also in place for Iran)
- ISIL (Da'esh) and Al-Qaida
- South Sudan
- The Taliban
The Consolidated List is a list of all persons and entities subject to targeted financial sanctions or travel bans under Australian sanctions laws. To access this list go to the Consolidated List page of DFAT's website.
- Enrolment and remitter registration
- Obligations and compliance
- Important information for industry
- AUSTRAC Online
- Consultation with industry
- Exemptions and modifications
- Start-up businesses and financial services
- AUSTRAC industry contribution