A report on Assessment o Terrorist Financing Risk in Non-Profit Organizations in the United Republic o Tanzania,2022

Abstract

Risk assessment in matters related to Money Laundering, Terrorist Financing and Proliferation Financing (ML/TF/PF) is the process of identifying, analysing and understanding risks. In addition to assessing risks, there is usually a need to devise risk mitigation measures. Ultimately, the goal is to counter ML/TF/PF in the most effective way, which is through the allocation of resources according to the identified risks. Assessment of terrorist financing risk in Non-Profit Organisations (NPOs) is a similar process, however, it begins with identifying NPOs that may be at risk of Terrorist Financing (TF) abuse, because not all NPOs in a country may be at risk of TF abuse.