Combatting Proliferation Financing: A Status Report
The FATF mandate was extended in 2008 to include new and emerging threats such as proliferation financing, meaning financing the proliferation of weapons of mass destruction.
The FATF’s efforts in this area are consistent with the needs identified by the relevant UN Security Council Resolutions (UNSCRs) and in recent years, the FATF has published guidance to assist jurisdictions in their implementation of these resolutions. FATF also published a Typologies report which identified the issues surrounding proliferation financing and highlighted issues for further consideration.
This document is a status report on the policy work and consultation being undertaken in relation to proliferation financing. The report is non-binding and is being published for information only, to raise awareness of issues under discussion.