This Briefing reviews the formal draft of the Arms Trade Treaty, which was presented to the United Nations (UN) Conference on the Arms Trade Treaty (ATT Conference) on 26 July 2012.1 This Diplomatic Conference ended without agreement and did not adopt either this or an amended text. It did not even agree on steps that should follow the Conference. This Briefing summarizes and discusses the process that led to the ATT Conference and assesses its inability to adopt an arms trade treaty within the initially allotted timeframe. It then comments on the provisions of the draft Treaty in three sections: - Its title, preamble, and principles; - Its core provisions; and - Its final provisions. A set of conclusions and recommendations for future action complete the Briefing.