Comply with Australian sanctions law + screening (DFAT)
Australian sanctions law prohibits dealings with designated persons + entities. Screening required.
Who must comply
All Australian persons + entities + persons in Australia.
What triggers it
Dealings + transactions.
When due
Continuous screening.
Evidence required
Sanctions screening tool integration; DFAT Consolidated List checks; risk assessment.
Max penalty
Criminal — up to 10 years imprisonment + corporate penalties
Summary
Autonomous Sanctions Act 2011 + Charter of the United Nations Act 1945 + their regulations prohibit dealings with designated persons + entities. DFAT Consolidated List maintained. Sanctions breaches = strict liability criminal offence.
Topics
Related obligations
- CWLTHForeign bribery offence (Criminal Code Division 70)Bribing a foreign public official is a federal criminal offence — up to 10 years imprisonment.
- CWLTHMaintain transfer pricing documentation (Subdivision 815-D)Multinational groups must keep contemporaneous transfer pricing documentation per Subdivision 815-D ITAA 1997.
- CWLTHLodge Country-by-Country Report (CbC) for significant global entitiesMultinationals with global income >EUR 750M must lodge CbC Report annually.
Frequently asked questions
- Who must comply with Australian sanctions law + screening (DFAT)?
- All Australian persons + entities + persons in Australia.
- What triggers Australian sanctions law + screening (DFAT)?
- Dealings + transactions.
- When is Australian sanctions law + screening (DFAT) due?
- Continuous screening.
- What is the maximum penalty for Australian sanctions law + screening (DFAT)?
- Criminal — up to 10 years imprisonment + corporate penalties
- What evidence is required for Australian sanctions law + screening (DFAT)?
- Sanctions screening tool integration; DFAT Consolidated List checks; risk assessment.
Source: https://www.dfat.gov.au/international-relations/security/sanctions. Rules Mate is not a law firm. Always verify against the live regulator source before acting.