NEWSLETTERS

CE-FATF-ENG NEWSLETTER (JANUARY) 2018

CE-FATF-ENG NEWSLETTER (JAN) 2017

Understanding the Financial Action Task Force (FATF)   The Financial Action Task Force on Money Laundering (FATF) was founded in 1989 on the initiative of the group of seven (G7) summit held in Paris. This intergovernmental organization, which is also known by its French name, Groupe d’action financière (GAFI); was charged with developing policies to […]

CE-FATF-ENG NEWSLETTER (Feb) 2017

Recommendation 8 and Nigerian Non-Profits   According to FATF, a Non-Profit Organization (NPO) is a legal person, an arrangement or an organization which principally engages in various forms of “good works”; raising or disbursing funds for charitable, religious, cultural, educational, social or fraternal purposes.   These organizations play a critical role in the society and […]

CE-FATF-ENG NEWSLETTER (March) 2017

Knowing the agencies of government in charge of money laundering In Nigeria, there is significant concern about the rise of money laundering just as in almost every country in the world, today. It has a long history with new techniques and modes evolving over the years with its aim being the same. Money Laundering is […]

CE-FATF-ENG NEWSLETTER (April) 2017

Opinion: Civil society concerns about FATF R. 8   In the bid to combat terrorist financing, FATF, the multilateral institutional entity saddled with this responsibility, introduced measures such as Recommendation eight which despite its good intentions, have had some unintended consequences on Non Profit Organizations. The crux of the issue stems from the particularly abstruse […]