The FIUTT has released a Best Practices Paper to support financial institutions and listed businesses (Reporting Entities) in enhancing their compliance frameworks.

This paper aligns with: 

🔹 FATF Recommendation 1 – Emphasising a risk-based approach to proliferation financing risks 

🔹 FATF Recommendation 7 – Mandating timely implementation of targeted financial sanctions in line with UN Security Council Resolutions