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ARTICLE · 12 FEBRUARY 2024

Sanctions Tracker – Australia Introduces New Thematic Sanctions For Cyber Activity And Further Counter-terrorism Sanctions

Following the introduction of the Autonomous Sanctions Amendment (Magnitsky-style and Other Thematic Sanctions) Regulations 2021 (the Magnitsky-style Regulations)...

GlobalGovernment, Public Sector

New thematic sanctions for malicious cyber activity

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 has announced the second tranche of financial and travel sanctions under the Magnitsky-style Regulations on 23 January 2024.

As discussed in our previous updates from  August 2021,  December 2021 and  April 2022, 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.

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