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MEDIA RELEASENo: 2007-18 |
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BANKING (FOREIGN EXCHANGE) REGULATIONS 1959
SANCTIONS AGAINST THE (FORMER) FEDERAL REPUBLIC OF YUGOSLAVIA –
AMENDMENT TO THE ANNEX
The Reserve Bank of Australia, following a directive from the Australian Government under the Banking (Foreign Exchange) Regulations 1959, currently administers financial sanctions against certain individuals associated with the former government of the Federal Republic of Yugoslavia.
The Australian Government has reviewed the list of individuals subject to financial sanctions and has directed the Reserve Bank to add one new individual to the Annex of names, and amend the details of another individual. The updated Annex now contains 82 names.
Any transactions involving the transfer of funds or payments to, by the order of, or on behalf of any person listed in the Annex are prohibited without prior approval from the Reserve Bank.
Enquiries:
Manager, Media Office
Information Department
Reserve Bank of Australia
SYDNEY
Phone: +61 2 9551 9720
Fax: +61 2 9221 5528
E-mail: rbainfo@rba.gov.au
