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ARTICLE · 03 APRIL 2018

Sanctions just got even more real

Holding Redlich
Holding Redlich
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Businesses are advised to review their exposure to risk of sanctions breach to avoid prosecution and penalties. .

AustraliaInternational Law
Nathan Cecil
Nathan Cecil
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Key points

  • Sanctions enforcement is on the Australian Government's agenda
  • All businesses selling goods or services overseas need to have sanctions breach prevention measures in place
  • Without such measures, businesses can be fined for sanctions breach, even if they weren't knowingly involved.

A recent spate of Australian prosecutions for breach of United Nations (UN) sanctions laws suggests that sanctions are clearly on the Australian Government's enforcement agenda in 2018. Australian businesses and businesses conducted by people in Australia need to ensure that they have measures in place to prevent them being involved in sanctions breaches – as they may be prosecuted and penalised even if they are unknowingly involved.

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