The European Commission is strengthening Counter-Proliferation Finance (CPF) cooperation in South East Asia through the EU P2P Programme, associated with the EU Global Facility on Anti-Money Laundering and Terrorist Financing and the EU CBRN Risk Mitigation Centres of Excellence.
Together with the EU AML/CFT Global Facility and the Asia/Pacific Group on Money Laundering (APG), the EU P2P Global Project organised a regional conference on Proliferation Financing risks (PF) in Bangkok, on 7-8 October 2025, bringing together APG member countries. The conference brought together stakeholders from across the region to exchange knowledge, strengthen cooperation and enhance regional capacities to identify and respond effectively to PF threats.
Published in June 2026 with EU funding, the resulting handbook of Regional Proliferation Financing Risks in Southeast Asia synthesises and expands on the conference findings, providing practical guidance and a catalogue of PF risks. It examines threats associated with the procurement and trade of dual-use goods, maritime and transshipment activities, virtual assets, sanctions evasion and other emerging channels. It also identifies vulnerabilities ranging from legislative and regulatory gaps and weak beneficial-ownership transparency to uneven oversight of virtual assets, limited specialised capacity and gaps in inter-agency coordination.
A central part of the handbook is its detailed, step-by-step methodology for conducting a PF National Risk Assessment (NRA). Designed as guidance rather than a prescriptive model, it takes jurisdictions through governance arrangements and scoping, data collection and stakeholder engagement, risk identification and analysis, prioritisation, mitigation planning, and subsequent monitoring and updating.
The handbook also highlights capacity-building initiatives delivered through the EU P2P, the EU AML/CFT Global Facility and other partners. These include expert-level and train-the-trainer activities for Financial Intelligence Units (FIUs), customs authorities, regulators and private-sector practitioners, using practical tools such as scenario-based exercises, red-flag handbooks and tabletop simulations.
By combining regional dialogue, methodological guidance and practical capacity building, these EU-supported initiatives strengthen inter-agency cooperation and private-sector engagement, helping partner jurisdictions translate international CPF obligations into effective national implementation.
Download the Handbook of Regional Proliferation Financing Risks in Southeast Asia in the link below:
The EU P2P Global Project, the EU AML/CFT Global Facility Project and the Asia/Pacific Group on Money Laundering (APG) organized a regional conference, 7-8 October 2025 in Bangkok, on proliferation finance risks in Southeast Asia. The primary aim of this conference was to encourage and facilitate knowledge exchange and collaboration among Southeast Asian jurisdictions, thus enhancing regional capacities to identify and respond effectively to proliferation finance threats in connection with responses to other illicit finance activities such as money laundering and terrorist financing.
- Threat area
- Counter-Terrorism, Prevention of Violent Extremism
- CBRN Risk Mitigation
- Fight against Organised Crime
- Publication date
- 23 September 2026
- Threat area
- Counter-Terrorism, Prevention of Violent Extremism
- CBRN Risk Mitigation
- Fight against Organised Crime
- CBRN areas
- Import/export control