First risk assessment on proliferation financing published

Marks important milestone ahead of the Island's MONEYVAL evaluation

The Island's first standalone National Risk Assessment on Proliferation Financing has been published.

Proliferation Financing covers the raising, moving or use of funds or services to support the development, acquisition, manufacture or transfer of weapons of mass destruction.

The assessment concludes the Island's overall residual risk is medium to low.

Publication of the NRA marks an important milestone ahead of the Island's MONEYVAL evaluation this Autumn.

It's the last in a suite of 2026 NRA's to be published by government.

It concludes that there's no direct link to UN designated proliferation states such as North Korea and Iran, and minimal local trade in high-risk or dual-use goods.

However, as an international finance centre, the Island remains exposed to indirect risks through global financial connections, including cross-border transactions and complex international company structures.