NPOs and Terrorist Financing: Helping Civil Society with FATF R8

FATF R8 and IO.10 explicitly state that government measures to mitigate terrorist financing risks should not hamper legitimate charitable activity. Greenacre understands the significance of this core principle, and it informs all of their work on FATF and terrorist financing.

Greenacre is the only international consultancy specializing in compliance with FATF R8 and IO.10. Our Senior Associates have been helping civil society organisations around the world understand the significance and impact of FATF rules on their activities. We bring a unique set of skills, knowledge and insights into the issues civil society faces in relation to R.8

  • We know how government thinks… and how civil society thinks. Our Senior Associates are former government officials who have worked for and with civil society for many years. We understand the language, mindset, culture and concerns of both governments and civil society, and can speak to both.
  • We know what compliance with R.8 means in practice. We have advised FATF evaluators on assessing country’s R.8 compliance, helped governments implement programmes to raise their compliance levels, and undertaken independent reviews of R.8 issues in more than 15 countries.
  • We use this expertise to help civil society respond effectively to R.8. We have close ties to civil society organisations, as a collaborator and advisor to the Global NPO Coalition on FATF and a partner of numerous civil society organisations. Our approach to R.8 compliance is uniquely collaborative. Our Senior Associates have developed and implemented joint NPO-government projects to jointly assess terrorist financing risks and laws and regulations, and to make strategic recommendations for improved mitigation measures.

Click here for information on clients we have worked with.

Our Services

Risk Assessments

All countries are required to undertake a domestic review and risk assessment under FATF Recommendation 8. Greenacre with the support of the World Bank, has developed a NPO Sector Risk Assessment Methodology. Based upon official FATF documentation, the methodology is specifically designed to help countries demonstrate their compliance with the key FATF R8 requirements. Civil Society involvement is a necessary pre-condition of the methodology. Greenacre will not licence its use unless their is genuine and meaningful civil society involvement. Click here to learn more.

Reviews of Laws and Regulations

FATF R8 requires all countries to undertake a review of laws, regulations and other measures that mitigate the terrorist financing risk in the NPO Sector. This is sometimes known as a ‘domestic review’. Greenacre has developed a NPO Sector Review Methodology to help with this process. Its is based upon official FATF documentation, and is designed to help countries demonstrate their compliance with the key FATF R8 requirements without hampering legitimate charitable activity. Civil Society involvement is a necessary pre-condition of the methodology. Greenacre will not licence its use unless their is genuine and meaningful civil society involvement. Click here to learn more.

Policy advice

For more than a decade, Greenacre’s Senior Associates have advised civil society on FATF R8, the Interpretative Note and other key policy documents. Our Senior Associates have had formal roles advising the the Global NPO Coalition on FATF R8 and the Financial Services Volunteer Corp, and have been expert contributors to numerous global, regional and country-level conferences, workshops and symposiums on the topic. Please contact us if you would like one of our Senior Experts to contribute to your publication or event.

Awareness raising and training

Greenacre has trained civil society organisations across the world on FATF R8: what they need to know, how it will impact them, what they need to beware of, and the opportunities it provides. Greenacre works closely with international civil society organisations to help the sector protect its fundamental freedoms. Please contact us to learn more.