FATF consults on PF and sanctions evasion project

The FATF is carrying out a study to improve country and private sector understanding of current proliferation financing risks and its looking to set out evasion techniques that those who seek to evade the targeted financial sanctions set out in Recommendation 7 use.

It is asking for input on products and services that are vulnerable to exploitation by sanctions evaders and PF actors, and how firms manage and mitigate these risks.

It asks for comment by 21 March.