You may have heard about “FATF” the global standard-setter in the fight against money laundering, and the financing of terrorism. But what does FATF’s work have to do with institutional philanthropy? If foundations and their partners/grantees have experienced more reporting requirements, more detailed questions from their banks or restrictions when they want to act across borders, this could be somehow rooted in FATF policies.
This webinar explains how FATF works, how its policy is developed and implemented and how philanthropic infrastructure can engage around this issue to ensure that measures to address potential risks do not unduly restrict philanthropic actors and partners. Country specific experience in different countries will be shared. The EFC is a core member of the Global NPO coalition on FATF, which has successfully advocated for an evolution of FATF policy towards a risk based and proportionate approach and a commitment for a genuine dialogue between FATF and representatives of sector.
As part of this new dialogue the EFC participated on behalf of WINGS in the agency annual private sector gathering which convened in Spring 2017 and will do so again in Spring 2018. Learn more about key issues at stake and be part of shaping the input from philanthropy for the next Spring 2018 gathering.
For more information, please contact Hanna Surmatz firstname.lastname@example.org
Hanna Surmatz, EFC and member of Global NPO coalition on FATF Core group, representing WINGS and the FATF Private Sector Consultative Forum
Miguel de la Vega, consultant for NPOs Mexico – member of the Global NPO coalition Core Group
Isabel Peñalosa, Spanish Association of Foundations
Natalie Ross, US Council on Foundations