Combating proliferation financing : a European banking perspective / [electronic resource] Indranil Ganguli and Julien Ernoult

"December 2012".

This paper addresses the practical implementation difficulties of the EU’s anti-proliferation financing regime and the role that the banking sector can play in the fight against WMD proliferation and its financing. It argues that—next to national export control measures aimed at restricting the illicit transfer of proliferation-related goods and services—financial measures can only play a limited role, because banks are not provided with adequately updated and actionable information on proliferators by the competent authorities.

The EU Non-Proliferation Consortium is a network of foreign policy institutions and research centres from across the EU engaged in political and security-related dialogue and discussion of measures to combat the proliferation of weapons of mass destruction (WMD) and their delivery systems. The Consortium is managed jointly by SIPRI and three other institutes, in close cooperation with the representative of the High Representative of the Union for Foreign Affairs and Security Policy. The three institutes are the Fondation pour la recherche stratégique in Paris, the Peace Research Institute in Frankfurt (HSFK/PRIF), and the International Institute for Strategic Studies (IISS) in London.

PDF