THE FINANCING OF WMD PROLIFERATION: CONDUCTING RISK ASSESSMENTS

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

cnas

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s