Nonprofit Organizations and the Combatting of Terrorism Financing: A Proportionate Response

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Nonprofit Organizations and the Comba ing of Terrorism Financing A Proportionate Response Emile van der Does de Willebois

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Nonprofit Organizations and the Combatting of Terrorism Financing: A Proportionate Response

Published on Dec 2, 2010

World Bank Publications

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One of the ways in which terrorist organisations raise and transfer funds, is by using non-profit organisations (NPOs). Ever since the adoption of the Special Recommendation VIII on the abuse of NPOs for Terrorism Financing purposes by the FATF in 2001, countries have struggled to find a proper way to address this potential terrorism financing risk. In many important ways however, the work of NPOs deal with the conditions conducive to the spread of terrorism, so it is essential that in trying to address one aspect of the terrorist threat – terrorism financing- we do not inadvertently diminish the impact of other ways of tackling the issue.

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