Why Are Financial Sanctions Used

International sanctions measures, including targeted financial sanctions are generally imposed on an individual, entity or regime to:

 

  • Coerce a regime, or individuals within a regime, into changing their behaviour by increasing the cost on them to such an extent that they decide to cease the offending behaviour;
  • Constrain a target by denying them access to key resources needed to continue their offending behaviour, including the financing of terrorism or nuclear proliferation;
  • Signal disapproval, stigmatizing and potentially isolating a regime or individual, or as a way of sending broader political messages nationally or internationally; and/or
  • Protect the value of assets that have been misappropriated from a country until these assets can be repatriated.
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