NPO response to initial findings of the EU Supra National Risk Assessment (SNRA)

The European Commission (DG Justice) is currently undertaking a supranational risk assessment (SNRA) of money laundering and terrorist financing risks affecting the internal market. Initial findings presented by the EC in an October 4, 2016 consultation meeting suggest that some NPO activities (collection and transfer of funds) are considered risks for terrorism financing abuse. See here for the NPO response and input following this consultation. See here for more on how the process has evolved.