Nonprofit Organizations and the Combatting of Terrorism Financing

Category

Defence strategy, planning & r

Store

Wordery

Brand

The world bank

Nonprofit Organizations and the Combatting of Terrorism Financing : World Bank Publications : 9780821385470 : 082138547X : 30 Nov 2010 : 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.This article argues that in discussing the threat and how to address it, policy-makers need to be specific, not tainting the whole sector with the same brush. Virtually all governments already interact with the NPO s

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