As a global leader in counter-PF, the United Kingdom legally requires financial institutions and designated non-financial businesses and professions to put in place measures to understand and manage their PF risks.
That means you must conduct a PF risk assessment and be able to produce a copy for the relevant supervisory authority on request.
Get your copy of our latest financial crime brief, Proliferation financing and the private sector, to:
- Understand FATF standards relating to PF.
- Know the risks emanating from the Democratic People's Republic of Korea and Iran.
- Identify common red flags associated with PF.
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