Over the past six months, the Russian Federation has vetoed a renewal of UN sanctions against Iran’s ballistic missile and UAV program, as well as a resolution extending the mandate of the UN Panel of Experts monitoring the sanctions on North Korea, while at the same time importing Iranian and North Korean UAVs and ballistic missiles for use in its war against Ukraine.

Russia’s vetoes have effectively dismantled the multilateral sanctions framework on Iran and abolished multilateral sanctions monitoring capabilities for North Korea. Russia’s procurement of North Korean ballistic missiles and Iranian UAVs in Ukraine further heighten proliferation finance and sanctions risk for the private sector.

During this webinar, we discussed:

• The landscape of heightened proliferation financing and sanctions risk facing the private sector
• Case studies and real world examples from current investigations
• Export controls and the nexus of trade and proliferation finance
• Countering proliferation financing implementation trends by financial institutions and the private sector
• Relevant red flags and typologies