ICC Policy Statement Proliferation Financing


This paper considers the application of a risk-based approach to assist financial institutions in identifying high-risk customers and transactions in relation to Proliferation Finance related to Weapons of Mass Destruction (WMD).  This also includes the consideration of dual use goods (goods that may have both civilian and military purposes).


It concludes that FI's could work towards aiming to mitigate against proliferation financing. Information sharing between private and public sectors is imperative to build a stronger and collaborative regime to counter proliferation financing.








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