Antarctica Banking Regulations and Guidelines Go into Effect

Protecting the Fragile Ecosystem of Antarctica

The Antarctic Conservation Act (ACA) has come into force, outlining strict regulations for all banking activities on the continent. The ACA aims to protect the fragile ecosystem of Antarctica by regulating human activity and preventing harm to the environment.

Applicability of the ACA

The ACA applies to all US citizens traveling to Antarctica, as well as any expedition that originates from the United States. This means that anyone planning to visit or conduct research in Antarctica must comply with the regulations outlined in the ACA.

Prohibited Activities

Without a permit, it is illegal to engage in certain activities on Antarctica, including:

Taking native mammals or birds
Engaging in harmful interference
Entering protected areas
Introducing species
Discharging waste

Penalties for Violations

Violations of the ACA can result in severe penalties, including:

Fines of up to $28,000 and one-year imprisonment per violation
Removal from Antarctica
Cancellation of grants
Sanctions by their employer

Obtaining a Permit

To obtain a permit, applicants must fill out a comprehensive application form, which is available on the National Science Foundation’s website. The permit processing time is approximately 45-60 days, during which time the application will be reviewed and comments will be solicited from the public.

International Agreement

The ACA was developed in conjunction with the Protocol on Environmental Protection, an international agreement that aims to protect Antarctica’s unique environment. The protocol designates Antarctica as a “natural reserve, devoted to peace and science,” and sets out strict guidelines for all human activity on the continent.

Contact Information

For more information on the ACA and permit requirements, contact the Permit Office at (703) 292-8030 or visit the National Science Foundation’s website.