| ID | 160989 |
| Title Proper | Export controls and counterproliferation finance |
| Other Title Information | two sides of the same underlying illegal WMD activity |
| Language | ENG |
| Author | Hund, Gretchen ; Weise, Rachel A ; Carr, Geoffrey |
| Summary / Abstract (Note) | The separation between export control and counterproliferation finance (CPF) efforts may be undermining governments’ ability to detect and stop weapons of mass destruction (WMD) proliferation. Using export-control information in screening financial transactions and using financial information in export-control decision making can be mutually reinforcing, each system feeding new information back to the other, creating a fuller picture of proliferation procurement networks. This article begins by identifying the US domestic agencies and international bodies involved in export controls and CPF, respectively, followed by a brief outline of the international and domestic sanctions regimes and export-control implementation. It then examines why financial information has historically not been considered relevant to export control and why export-control information is not regularly used to stop financial crime. The article then discusses the limitations of existing proliferation-finance guidance provided to financial institutions, as well as the problematic exclusion of marine insurance from US anti-money-laundering regulations and how it detracts from counterproliferation efforts. The authors conclude with a series of concrete options for better integrating export-control enforcement and combating proliferation finance, including options for both the US and the international community. |
| `In' analytical Note | Nonproliferation Review Vol. 25, No.1-2; Feb-March 2018: p.129-145 |
| Journal Source | Nonproliferation Review Vol: 25 No 1-2 |
| Key Words | proliferation ; Export controls ; Counterproliferation ; Sanctions ; WMD ; Financing ; Weapons of Mass Destruction ; Counterproliferation Finance ; CPF |