Unpacking the EU AML/CFT Package: Implications for Non-Profits
The European Center for Not-for-Profit Law (ECNL) and Philea are organising “Unpacking the EU AML/CFT Package: Implications for Non-Profits” online on 12 November to introduce the scope and content of the new Anti-Money Laundering/Countering the Financing of Terrorism regulatory framework and explore potential implications, as well as opportunities for advocacy to minimise negative effects.
Civil society organisations are increasingly affected by policies and security measures adopted by global bodies, governments and private sector actors with the aim to counter terrorism financing and money-laundering. In May 2024, the Council of the EU and the European Parliament adopted a new Anti-Money Laundering / Countering the Financing of Terrorism package. This new package will have significant impact on the non-profit sector; notably on crowdfunding platforms, cross-border transfers, donations through virtual currencies, and the obligation of non-profits to identify and register their beneficial owners.
This session is organised for representatives of CSOs, philanthropic foundations, donation-based crowdfunding platforms and other interested parties.
Contact
