FATF Typologies Report

FATF Typologies Report

FATF Immediate Outcome (IO) 10 assesses the effectiveness of terrorist financing preventive measures and financial sanctions. In particular, IO 10 focuses on how terrorists, terrorists organisations and terrorist financiers are prevented from raising, moving and using funds, and from abusing the Non-Profit Organisation (NPO) sector.

 

The Mauritius NPO sector includes associations, charitable trusts, charitable foundations and company limited by guarantee.

 

  • FATF typologies report on the risk of terrorist abuse in NPOs

The FATF typologies report examines the abuse of the NPO sector through a wide lens because the activities, and therefore vulnerabilities, of the sector extend beyond its financial flows to include material support. The abuse of the NPO sector by terrorists or terrorist organisations raises a number of complex strategic issues which is discussed in great length along with providing recommended solutions and an analytic foundation for further deliberations.

 

The FATF typologies report on the risk of terrorist abuse in NPOs can be downloaded here.

 

  • FATF best practices paper on combatting the abuse of NPOs

The FATF best practices paper on combatting the abuse of NPOs sets out specific examples of good practice which primarily assist countries in their implementation of Recommendation 8 on non-profit organisations and NPOs in mitigating TF threats they may face. It also assists financial institutions in the proper implementation of a risk-based approach when providing financial services and funding to NPOs.

 

The FATF best practices paper on combatting the abuse of NPOs can be downloaded here.