New report sheds light on terror financing threat to NPO sector
Islamic State, Boko Haram and al-Qaeda among those that could use nonprofit organisations
19 April 2024 - 05:00
Growing international concern about SA’s role in the financing of terrorists and terrorist acts in the region contributed to the country being greylisted by the Financial Action Task Force (FATF) in February 2023.
One of the findings of a 2021 report by the FATF was that local authorities had a poor understanding of terrorist financing and that the risk of terrorist financing through SA was not being adequately addressed...
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