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ARTICLE · 31 AUGUST 2022

Intellectual property & Australian sanctions against Russia

Piper Alderman
Piper Alderman
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Piper Alderman

Piper Alderman

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Companies with IP assets in Russia should develop strategies for dealing with the Australian & international sanctions regime.

AustraliaIntellectual Property

As many would know, the Australian Government has applied targeted sanctions against Russia, Belarus, and persons and entities that are complicit in the war in Ukraine.

These sanctions are wide ranging and affect a variety of industries and sectors. Australia's sanction laws are the Autonomous Sanctions Act 2011 (Cth), the Autonomous Sanctions Regulations 2011 (Cth), and the Charter of the United Nations Act 1945 (Cth) and its various regulations (collectively, Australian Sanctions Law).

These sanctions restrict, among other things, making assets available to, or for the benefit of, designated persons or entities or dealing with "controlled"1 assets.

The definition of asset under the Autonomous Sanctions Act is broad:

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