Financial institutions often neglect to scrutinize transactions of nonprofits or overlook seemingly small discrepancies. Compliance officers may mistakenly believe that all these organizations are valiantly pursuing positive missions and making our world a better place.
Nonprofits and non-government organizations can be conduits of financial crime and fraud as much as other account holders. You need to understand the customized techniques criminals in this sector use to fool their financial institutions, funders, and clients. It is essential for you to establish controls to identify and manage the risks of fraud, money laundering, and terror finance.
Timothy Dunfey
Who Should Attend
