Regional training on implementing Recommendation 8 for ESAAMLG countries

The EU-funded AML/CFT Global Facility, in collaboration with the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG), the Global NPO Coalition on FATF and the Financial Intelligence Centre (FIC), South Africa jointly organized a three-day regional workshop on 'Implementation of Requirements of FATF Recommendation 8' for ESAAMLG member countries.

Held in Johannesburg between the 7th and 9th of March, 2022, the workshop aimed to provide multiple stakeholders from ESAAMLG member countries, including NPO regulators, FIUs, and NPO associations/umbrella bodies, with the tools, knowledge and expertise to implement Recommendation 8 in a risk-based manner, with relevant outreach to and engagement with the sector. 

Good practice from Tunisia (collaborative Risk Assessment) and Mauritius (risk-based supervision) was highlighted. The unintended consequences of a non-risk-based approach on the operational environment of the NPO sector was also emphasized.