On 22 January 2021, a wide range of national stakeholders in Ukraine gathered in an on-line training workshop aimed at raising their awareness on proliferation financing typologies and activities. The workshop is an integral element of a broader initiative to assist national authorities in designing national proliferation indicators, working closely with key Ukrainian partners to identify, analyse and determine how Ukraine might be exposed to various proliferation financing activities and sanctions evasion tactics employed by proliferators.

In the context of the amended FATF Recommendation 1, requiring countries to identify and assess the risks of non-implementation or evasion of targeted financial sanctions related to proliferation financing, this initiative will therefore not only strengthen Ukraine’s follow-up to its previous Mutual Evaluation Report on anti-money laundering and countering the financing of terrorism and proliferation, but also create a sound foundation ahead of the forthcoming, required risk assessment process from 2024 onwards.

The training was organized and delivered as part of the EU/CoE Partnership for Good Governance (PGG) II Project on “Strengthening measures to counter money laundering and financing of terrorism in Ukraine”, co-funded by the EU and the Council of Europe and implemented by the Council of Europe.