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The purpose of this Guideline is to assist registered Charities and NPOs in complying with their legal duties and responsibilities as they relate to combating the financing of terrorism as set out in the Money Laundering and Financing of Terrorism Act 2011-23, the companies Act Cap 243, the Companies Act Cap 308 and other relevant legislation.
It is also designed to help trustees and managers better understand their responsibilities and the approaches to be taken for their respective charity and NPO in order to comply with Recommendation 8 of the Financial Action Task Force (FATF) which states Countries should review the adequacy of laws and regulations that relate to non-profit organizations which the country has identified as being vulnerable to terrorist financing abuse.
Download the Full Guideline for Charities & Non-Profit Organisation
