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Workshop on FATF R8 and the AML/CFT Regime.
March 9 @ 10:00 am - 5:00 pm
This workshop is for nonprofits delivering humanitarian services and those operating in the North Eastern part of the country. The focus of the workshop will be on FATF R8 and the AML/CFT laws and their implications for the work of nonprofits in the North-East Region.
The Financial Action Task Force (FATF) is an intergovernmental body that sets standards for money laundering, terrorism financing and other threats to the international financial systems. The Recommendation 8 was part of the standards set to guide countries on how to identify, assess and understand the money laundering and terrorist financing risks elements prevalent in their jurisdictions for the development of efficient measures to combat the crime and efficient allocation of scarce resources.
The Anti Money Laundering/Countering Financing of Terrorism law is a legal framework that curbs the situations of money laundering and terrorism financing activities within the country.
Date: March 9, 2021
Register here – http://bit.ly/2Z0mOod