charities & Ngos
Achieve optimal financial crime compliance performance with maximum efficiency
Charities are highly vulnerable to money laundering and terrorist financing abuse either as recipients of or conduits for illicit funds. Similarly, NGOs including overseas aid organisations are vulnerable to the risk that they may inadvertently fund the fulfilment of some illicit purpose.
The risks are significant and can even include the risk of civil suit in the United States under the Anti-Terrorism Act. Screening both donors and donees is therefore critical. This can often be difficult if a donee is located in the developing world with few data sources. RiskScreen helps charities to meet this challenge through the global Dow Jones datasets on which the technology relies.