The Financial Action Task Force (FATF) in October released its report on the use of crowdfunding by terrorist and extremist organizations and individuals to raise money for their operations. The nature of crowdfunding, the use of new technologies, and the possible anonymity afforded by crowdfunding platforms can make them attractive as relatively quick and simple means to obtain donations from across the world.
Finding this content useful?
DOLFIN is the premier portal for financial crimes and sanctions compliance. You can learn more here, or if you want to see it in action, schedule a demo or request a free trial.
Apply now for access to our extensive set of resources and keep you and your company informed on the latest regulations and sanctions and build your financial integrity.