This handbook, therefore, seeks to facilitate learning among members of the non-profit sector about the critical money laundering and financing of terrorism key concepts, FATF 40 recommendations, with emphasis on Recommendation 8. The handbook also provides a broader understanding of the impact of FATF recommendations on global and national policies, focusing on government ML/FT regime, financial institutions Derisking policy measures, and the non-profit sector concerns. The book further presents some best practices in developing and implementing practical protocols to mitigate the sectors’ susceptibility to the risk of ML/FT.
