FATF 40 Recommendations
C. Terrorist financing and financing of proliferation (R.5 to R.8) – FATF 40 Recommendations

FATF 40 Recommendations R.7: Targeted financial sanctions related to proliferation

What does R.7 require?

Countries implement targeted financial sanctions giving effect to the UN Security Council resolutions on the prevention, suppression and disruption of proliferation of weapons of mass destruction and its financing, freezing without delay the funds and other assets of persons and entities designated by or under the authority of the Security Council under Chapter VII and ensuring that no funds or assets are made available to or for their benefit; the Interpretive Note sets the freezing and prohibition obligations, communication, reporting, delisting and the treatment of contracts and basic expenses under the resolutions.

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