UNDERSTANDING AML & CFT RISKS IN THE NPO SECTOR IN NIGERIA – Part II

Mutual Evaluations are in-depth reviews conducted by members of the FATF, FATF Style Regional Bodies (FRSB) including other recognized assessors like the International Monetary Fund and World Bank to assess the overall effectiveness of legal, regulatory, and operational measures implemented by a country to tackle money laundering (ML), terrorism financing (TF) and the proliferation of weapons of mass destruction in its sphere.

The FATF methodology provides definitive guidance for assessors to evaluate a country’s AML/CFT regime and also review the country’s implementation of targeted measures and application of risk-based approaches to protect the NPO sector from terrorism financing abuse. This new factsheet, developed by Spaces for Change, highlights steps to secure a compliant rating according to FATF standards.

Download Factsheet        S4C-NEW-FACTSHEET-ON-RISK-ASSESSMENT-OF-NPOs.pdf (89 downloads)