Guidance
Published Date: 13 August 2018

Sound Practices to Counter Proliferation Financing

Provides a summary of key findings from thematic supervisory visits to banks on countering proliferation, and elaborates on the sound practices observed.

MAS conducted a series of thematic supervisory visits to banks on countering proliferation financing risks. The discussions centered around common typologies (elaborated within the paper) and the need for banks to be vigilant in detecting sanctions evasion.

This paper provides a summary of the key findings from the thematic supervisory visits, and elaborates on sound practices observed, for banks and FIs to use as benchmarks to enhance their existing controls and practices.