Sanctions Check Process

Sanctions Check Process

As part of the Settlement Approval process, the Court appoints a Scheme Administrator responsible for distributing the funds in accordance with a Settlement Distribution Scheme. Where Maurice Blackburn is appointed Scheme Administrator, we are required to comply with the obligations imposed by applicable Sanctions Laws.

Sanctions Laws are laws targeting individuals, organisations and foreign government entities who engage in conduct contrary to Australian and international foreign policy.

The Australian and international governments each maintain a ‘Consolidated List’ of all persons and entities identified as targets of the applicable Sanctions Laws.

A person or entity targeted by Sanctions Laws, including persons and entitles appearing on a Consolidated List, is known as a Designated Person or Entity.

When distributing funds to Registered Group Members, we are required to confirm that the recipients of payments are not Designated Persons or Entities.

We will request certain information from Registered Group Members when we collect bank account information to facilitate payments. This information will be used to confirm that a Registered Group Member is not a Designated Person or Entity.  By providing this information, you confirm that you (or a claimant that you represent) are not, to the best of your knowledge, a Designated Person or Entity.

If you are a Registered Group Member and our search indicates that you (or a claimant that you represent) are a Designated Person or Entity, we will contact you to inform you that we are unable to make a payment.