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Australia updates autonomous financial sanctions for the former Federal Republic of Yugoslavia.



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The Hon Stephen Smith MP AUSTRALIAN MINISTER FOR FOREIGN AFFAIRS

Media Release

10 June, 2009

Australia Updates Autonomous Financial Sanctions for the Former Federal Republic of Yugoslavia

I announce today that Australia has updated its list of autonomous financial sanctions for the former Federal Republic of Yugoslavia. These sanctions target individuals indicted or suspected of war crimes during the Balkan wars in the early 1990s.

The sanctions prohibit any transaction involving the transfer of funds or payments to, by the order of, or on behalf of any person included on the revised sanctions list without prior approval from the Reserve Bank of Australia.

The Government’s updated sanctions list demonstrates Australia’s commitment to end impunity for crimes of great international concern, including those before the International Criminal Tribunal for the Former Yugoslavia.

New listees include individuals indicted or convicted by the International Criminal Tribunal for the former Yugoslavia, and by domestic courts in Bosnia-Herzegovina, Croatia and Serbia.

Individuals subject to Interpol arrest warrants for war crimes have also been included, as well as known supporters of the former Milosevic regime and individuals suspected of assisting indictees of the International Criminal Tribunal for the Former Yugoslavia.

The complete list of sanctions is found at: www.rba.gov.au

Autonomous financial sanctions are implemented by the Governor of the Reserve Bank of Australia under the Banking (Foreign Exchange) Regulations 1959.

Notice to persons whose name appears on the List

Any person whose name is included on the list may apply to the Minister for Foreign Affairs in writing for a statement of reason for his or her listing and for a review of the decision to include his or her name on the list.

Applications may be forwarded by post to the following address: Minister for Foreign Affairs, c/o Director STC, Department of Foreign Affairs and Trade, John McEwen Crescent, Barton ACT 0221, Australia; or by email to sanctions@dfat.gov.au.

Media inquiries:

• Mr Smith's office 02 6277 7500 • Departmental Media Liaison 02 6261 1555