The Reserve Bank of Australia currently administers financial sanctions against senior members of the Burmese regime and their associates and supporters.

The Australian Government has reviewed the list of persons subject to financial sanctions and has directed the Reserve Bank to remove 18 persons and add 63 new persons to the Annex of names. Amendments have also been made to 142 entries on the previous list. Attachment A provides details of these amendments. The updated Annex now contains 463 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.