Guidance on Proliferation and Proliferation Financing

The Commission has today published new guidance on its website regarding Proliferation and Proliferation Financing. The guidance has been produced in an effort to raise awareness and understanding of Proliferation and Proliferation Financing matters.

Proliferation financing is the act of providing funds or financial services which are used, in whole or in part, for the manufacture, acquisition, possession, development, export, transhipment, brokering, transport, transfer, stockpiling or use of nuclear, chemical or biological weapons and their means of delivery and related materials (including both technologies and dual-use goods used for non-legitimate purposes), in contravention of national laws or, where applicable, international obligations.

The Commission therefore considers this guidance relevant to all those it regulates or supervises. Click here to access the new guidance on Proliferation and Proliferation Financing.