FATF Webinar on Proliferation Financing Risk Assessment and Mitigation

This webinar brought together a panel of experts from public and private sectors with a global and domestic focus on tackling the financing of the proliferation of weapons of mass destruction. The panel included, amongst others, the co-chairs of the FATF's Policy Development Group and the Risk, Trends and Methods Group, which lead FATF work in this area. The interactive discussion focused on the following topics:

  • new FATF obligations on proliferation financing (PF) risk assessment and mitigation - objectives and rationale;
  • emerging trends on proliferation financing risks and techniques adopted by the designated individuals and entities to evade PF targeted financial sanctions;
  • national experiences, challenges, and lessons-learnt in conducting PF risk assessment and developing appropriate mitigation strategies; and
  • private sector experiences in conducting PF risk assessment and implementing appropriate mitigating measures to combat PF and evasion of targeted financial sanctions.

Watch the webinar. (Also available with French interpretation).

Panelists:

Shlomit Wagman

Co-Chair of FATF Risk, Trends and Methods Group; Director General of Israel's Money Laundering and Terror Financing Prohobition Authority

 

Yulia Lafitskaya 

Co-Chair of FATF Policy Development Group and Deputy Head of Legal Department, FIU Russia

 

Brian Grant

Managing Director, Global Head of Sanctions Compliance, MUFG‌

 

Jean-Annet de Saint Rapt

Proliferation Finance Research Lead at the Centre for Science and Security Studies, King’s College London

 

Maiko Takeuchi

Consulting fellow at the Research Institute of Economy, Trade and Industry (RIETI), Japan

Former Member, 1874 (DPRK) Panel of Experts, United Nations 

 Marion Ando

 Head of Financial Sanctions and   Counter-Terrorist Financing Policy,
 HM Treasury.

 

 

 

 ‌

 

 

 

Guidance on Proliferation Financing Risk Assessment and Mitigation  (June 2021) 

The FATF Guidance on Proliferation Financing Risk Assessment and Mitigation help countries, financial institutions, designated non-financial businesses and professions (DNFBPs) and virtual asset service providers effectively implement FATFs requirements to identify, assess, understand and mitigate their proliferation financing risks.