International Conference on Combating Proliferation Financing

Financial Action Task Force (FATF), Immediate Outcome 11 is designed to ensure financial sanctions to prevent proliferation are adequately enforced. The goal of the conference was to improve international understanding of this issue and to highlight the expertise of the representatives present.

The conference brought together high-level experts from different countries to discuss the challenges of combating proliferation financing. The experts shared their experiences of targeted financial sanctions regarding proliferation financing – regulatory framework and compliance with international standards, effective enforcement and monitoring, as well as the importance of public-private cooperation. It was clearly concluded that only through cooperation between countries and institutions results can be achieved and the possibility of weapons of mass destruction reaching fragile countries, terrorists or the black market can be reduced.

The conference was attended by nearly 100 experts from 30 countries.