Guidance Note Proliferation and Proliferation Financing

In July 2021, the Centrale Bank van Aruba (CBA) published a Guidance Note on Proliferation and Proliferation Financing (PF Guidance Note). The purpose of this guidance note is, amongst others, to raise awareness among the supervised financial institutions and DNFBPs with regard to the risks and vulnerabilities posed by proliferation and proliferation financing, as well as to provide guidance to these institutions with respect to actions that should be taken to comply with international standards and obligations (e.g., targeted financial sanctions related to proliferation financing), and best practices.

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