Treasury Department Issues Updated Anti-Terrorist Financing Guidelines for U.S.-based Charities
The U.S. Department of the Treasury has issued an updated version of the publication entitled "Anti-Terrorist Financing Guidelines: Voluntary Best Practices for U.S.-based Charities (Guidelines)". The Guidelines provide recommended best practices, which are intended to help charities develop, reevaluate, and build upon pre-existing internal controls and protective measures. The Guidelines also urge charities to take a proactive risk-based approach to protecting against illicit abuse and are intended to be applied by those charities vulnerable to such abuse in a matter that is commensurate with the risks they face and the resources with which they work. The Guidelines contain anti-terrorist financing guidance, as well as guidance on sound governance and financial practices that helps to prevent exploitation of charities.
|posted by Douglas N. Jacobson| Permalink 
