Australia DFAT Sanctions Hub

ASO Sanctions Guidance for Accountants, Lawyers, Real Estate Agents

The Australian Sanctions Office (ASO) has released three new guidance notes to assist accountants, legal professionals, and real estate agents in understanding their sanctions obligations. These notes are particularly relevant in the context of anti-money laundering and counter-terrorism financing reforms.

Australia DFAT Sanctions Risk Advisory for Incoming Funds from Iran

The Australian Sanctions Office (ASO) has issued an advisory note to the Australian financial sector regarding increased sanctions risks associated with incoming funds from Iran. The advisory highlights potential red flags and recommends enhanced due diligence and transaction monitoring for financial institutions.

Russia Sanctions: Listing of Persons, Entities, and Vessels

The Australian Minister for Foreign Affairs has added 4 persons, 115 entities, and 61 vessels to DFAT's Consolidated List under the Autonomous Sanctions Regulations 2011 concerning Russia. These designations impose targeted financial sanctions, travel bans, and restrictions on sanctioned vessels.

Australia Lowers Price Cap on Russian Crude Oil

On February 24, 2026, Australia lowered the price cap on Russian-origin crude oil from USD47.60 to USD44.10 per barrel. This action impacts Australian individuals and companies providing maritime and financial services related to Russian oil.