The Australian Government has released a draft guidance document to assist non-profit organisations (NPOs’) protect themselves from the risk of terrorism financing.
This guidance document is intended to:
- build awareness of the risk of being misused for the purpose of terrorism financing
- outline Best Practice Principles which NPOs can undertake to reduce this risk; and
- assist NPOs to understand and comply with legal requirements in relation to terrorism financing.
Comments can be made until 27 March 2009.
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Posted 26th February 2009 by David Jacobson in Anti-money laundering
