Nonprofits around the world are having difficulty accessing banking services. Financial regulations in countries, rooted in a comprehensive counter-terror finance regime as well as the ever-shifting political landscape, set the stage for financial institutions around the globe to continually re-evaluate their risk profiles. As a result, accounts are closed or never opened, wire transfers are delayed and correspondent banking relationships severed. This, in turn, impacts vital humanitarian aid, development, peacebuilding, human rights, and other programming.
Two recent reports examine the scope and impacts of this problem. Financial Access for U.S. Nonprofits, by the Charity & Security Network, provides the first empirical data on the issue and sets out a series of recommendations. Tightening the Purse Strings, by the Women Peacemakers Program and Duke Law International Human Rights Clinic, looks at the effects of counter-terrorism finance measures on gender equality and security.
This webinar on May 11, 1600-1700 (CET)/1000-1100 (EDT) will feature authors of the two studies, along with a discussion of work streams currently underway at the World Bank intended to craft solutions.
Sue Eckert, Center for a New American Security (invited)
Andrea Hall, Charity & Security Network
Isabelle Geuskens, Women Peacemakers Program
Jayne Huckerby, Duke University School of Law
Emile Van Der Does de Willebois, World Bank
Moderated by Kay Guinane, Charity & Security Network
Please register here: https://attendee.gotowebinar.com/register/1672100282414622723