The proliferation of nuclear, chemical, and biological weapons and their delivery vehicles remain a persistent threat to global peace and security. Then, why is it that the disruption of proliferation financing been so difficult? The challenge is that most governments and financial institutions remain unclear on what proliferation financing activities look like and how to identify PF risk.
In March, the FATF (Financial Action Task Force) released new draft guidance on PF risk assessment and mitigation, presenting four categories of risk indicators to help identify the presence of PF risk as a prompt for further monitoring and examination. The guidance also details specific measures that countries, financial institutions and DNFBPs could take to mitigate PF risks.
In this webinar, we discuss recent PF trends and typologies, the FATF guidance, and practical measures financial institutions can take to address this risk.
- Should proliferation financing be treated as a distinct financial crime?
- International obligations, country assessments of PF frameworks
- Known cases, proliferators and common areas of operation
- PF typologies and identifying suspicious activities & transactions
- Due diligence, screening and monitoring for PF risks
- Third-party risks, trade financing, proliferation-sensitive goods and technology
Format: On-demand webinar