Non-Governmental Organizations & Charities

Intended for good, exploited by criminals

Though intended to serve the public good, non-governmental organizations and charities (NGOs) have been exploited to raise and move funds by criminal and terrorist organizations. This can present a serious challenge for financial institution’s compliance programs in identifying and mitigating potential risks from customers in this high-risk customer category.

This infographic provides a visual overview of NGOs, outlines key details and risk factors to consider when banking these organizations, and offers insights into identifying and assessing compliance risk related to banking non-governmental organizations and charities.

  •   BSA/AML Compliance
  •   CDD/EDD
  •   High-Risk Customer Management

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