Following the introduction of the Autonomous Sanctions
Amendment (Magnitsky-style and Other Thematic Sanctions)
Regulations 2021 (the Magnitsky-style
Regulations) on 21 December 2021, Australia
announced the 'first tranche' of financial and travel
sanctions under the Magnitsky-style Regulations on 29 March
2022.
As discussed in our previous updates from August 2021 and December 2021, the Magnitsky-style Regulations
were introduced to expand Australia's autonomous sanctions
framework to facilitate targeted sanctions against individuals
responsible for, or complicit in, serious corruption, human rights
violations and cyber-crime.
The sanctions introduced on 29 March 2022 target Russian
individuals responsible for corruption and human rights abuses
relating to Sergei Magnitsky, a Ukrainian-born Russian lawyer and
tax adviser whose death in a Russian prison after exposing
corruption and misconduct of Russian government officials was the
catalyst for the introduction
