On 30th October, the Center for a New American Security published a report by (friend of the blog) Dr Jonathan Brewer. In the accompanying article, he says that despite the threat from the financing of proliferation of nuclear and other WMD, only a handful of governments and companies are taking meaningful steps to counter it. The report outlines the various sources of the threat, the international control framework, and how authorities and financial sector actors fit into the countering proliferation finance regime. Effective partnership between them is essential, he says, to identifying and countering the threat. The report describes how authorities and financial institutions should conduct proliferation financing risk assessments, a necessary first step to take to protect themselves, and the indicators to take into account and procedures to follow, and offers a points-based blueprint for measuring specific levels of proliferation finance risk, which financial institutions could use as benchmarks against which to monitor their customers and their businesses.
https://www.cnas.org/publications/reports/the-financing-of-wmd-proliferation
