November 22 2017
The first regional risk assessment of non-profit organisations (NPOs) in eight Asia-Pacific nations has identified a medium risk of terrorism financing.
The risk assessment, launched at the Counter-Terrorism Financing Summit in Kuala Lumpur Malaysia, has called on regional authorities to improve data collection and sharing nationally and across the region to identify, monitor and disrupt high risk NPOs and also vet personnel to make it harder for terrorists to infiltrate NPO finances.
Jointly launching the research publication, Ministers representing financial intelligence agencies from Australia, Indonesia and host nation Malaysia, hailed the ground breaking work, which included analyses from the Philippines, Thailand, Singapore, and new partners Brunei and New Zealand.
