Media Release
| Number | 2009-13 |
|---|---|
| Date | 10 June 2009 |
| Embargo | For Immediate Release |
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 and entities associated with the government of the former Federal Republic of Yugoslavia.
The Australian Government has revised the criteria for persons subject to financial sanctions and has directed the Reserve Bank to remove 55 persons and add 196 new persons to the Annex of names. Amendments have also been made to 11 entries on the previous list. Attachment A provides details of these changes. The updated Annex now identifies 223 persons.
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:
Media Office
Information Department
Reserve Bank of Australia
SYDNEY
Phone: +61 2 9551 9720
Fax: +61 2 9551 8033
E-mail: rbainfo@rba.gov.au
