ACAMS
CAMS · Question #418
What should countries do to help prevent non-profit organizations from being abused for the financing of terrorism according to the Financial Action Task Force 40 Recommendations?
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
What should countries do to help prevent non-profit organizations from being abused for the financing of terrorism according to the Financial Action Task Force 40 Recommendations?
Options
- AAllow for freezing assets of non-profit organizations
- BRequire all non-profit organizations to register with the country's financial intelligence unit
- CEnsure non-profit organizations cannot be used to conceal or obscure the diversion of funds
- DCreate laws that forbid non-profit organizations from completing cross-border transactions without
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Topics
#FATF 40 Recommendations#non-profit organizations#terrorist financing#NPO abuse