It is a criminal offence under the Autonomous Sanctions Act 2011 and the Autonomous Sanctions Regulations 2011 to directly or indirectly make an asset available to, or for the benefit of, a designated person or entity.
The designation of certain individuals and entities expires after three years unless extended by the Minister for Foreign Affairs. The Department of Foreign Affairs and Trade invites members of the public to comment on a review of Australia’s existing designations, due to expire in December 2016, of:
- 24 individuals and entities designated under Australia’s autonomous sanctions in relation to the Democratic People’s Republic of Korea (DPRK).
Further details of the listings currently under review and how to make a submission may be found at http://dfat.gov.au/international-relations/security/sanctions/Pages/dprk-sanctions-review-of-24-designations-of-individuals-and-entities-under-autonomous-sanctions.aspx.
The full list of persons and entities designated for targeted financial sanctions under Australian law, including for Australian autonomous sanctions in relation to the DPRK, is on the DFAT Consolidated List.