Registration of NGO’s with the Finance Intelligence Authority
The Anti- Money Laundering Act, 2013 (AMLA) as amended has Non-Government Organizations (NGOs) as accountable persons and therefore are subject to the requirements under the AML legislation and regulations. All NGOs are required by the AMLA and the AML Regulations to fulfill certain obligations. These obligations include: Know Your Beneficiaries and Partners: NGOs must ascertain […]