Why Does Australia Need Adopt a Magnitsky Like Act?
Australia will acquire a sanction law like the U.S. Magnitsky Act that permits targeted monetary sanctions and travel boycotts against people who are "culprits of intolerable acts of global concern", the foreign affairs minister expressed in August 2021. A Magnitsky Act is a kind of enactment that empowers state-run administrations to force financial sanctions against foreign people or entities who perpetrate or are engaged with severe human rights violations and corruption overseas. This enactment works extra-regionally, forcing fines on people or organizations, including freezing and demanding resources and travel boycotts, for acts performed outside the administering nation's jurisdiction. Australia is on the cusp of passing a Magnitsky Act of their own. When asked by the @smh what the greatest risk was with this legislation, I said “It won’t be used against human rights abusers from powerful countries like China and R...