EFC members asked for input on EU Supra National Risk Assessment

According to the 4th EU Money Laundering Directive, the European Commission has to undertake a Supranational Risk Assessment (SNRA) on money laundering, and terrorism financing risks. This applies to the philanthropic sector, with the first SNRA being published last year. The second round began with its first stakeholder engagement meeting on the 30th November in Brussels.

The invitation was sent to a small, select group of non-profit organisations, and the EFC and DAFNE attended and provided input and comments upon:

  • the methodology (asking for more information about the EU methodology)
  • the process (how can participation of the wider sector be realised)
  • past SNRA conclusions
  • overall challenges around assessing risks and how the awareness of money laundering and terrorist financing risk has increased over the past years

The next meeting takes place on the 23rd January and the EFC are looking for more inputs to share from the sector by the 18th December. We are looking for concrete case studies of how our members assess money laundering and terrorism financing risks and the processes they utilise to facilitate this.

To contribute, please contact Hanna Surmatz.


InvestEU file moves on at level of European Parliament and European Commission

InvestEU is an initiative within the EU Multi-Annual Financial Framework proposal for 2021-2027. It aims to stimulate more social investments by philanthropy and other actors.

The European Parliament Committee on Budgets, and Committee on Economic and Monetary Affairs will vote on the InvestEU file on December 13th. The final European Parliament plenary vote is scheduled for 14 January 2019.

Stimulating more social investments is high on the EU policy agenda and the EFC, working together with DAFNE and EVPA are engaging on the file.

For more information please contact Hanna Surmatz.


Public Hearing on ”European Philanthropy: an untapped potential” with the European Economic and Social Committee

The European Economic and Social Committee (EESC) is organising a public hearing concerning ”European philanthropy: an untapped potential”’on the 16th January 2019, at the behest of the Romanian Presidency.

The public hearing will focus on the measures and initiatives that could be taken at an EU and national level to promote organised philanthropy, the means by which the EU could eliminate barriers within the internal market that are hindering the realisation of philanthropy’s full potential and the role philanthropy can play contributing to EU values, such as cohesion and social justice, and to the competitiveness of the European economy.

For more information please contact Marilena Vrana.


Advocating for favourable policy and regulatory environments is a key part of the EFC’s ongoing work for its members. For more information on the EFC’s seven key priorities, please download the EFC Strategic Framework 2016-2022