Anti-Money Laundering Training For Non-Profits

NASSAU, BAHAMAS – The Office of the Attorney General and Ministry of Legal Affairs hosting a terrorist financing risk assessment training session for non-profit organizations that have been deemed high risk.

Megan Shepherd tells us more.

Of the 1,047 non-profit organizations in the country, some are high risk for terrorist financing and money laundering.

Attorney General Ryan Pinder explains how large non-profit organizations that receive cross-border donations are high risk for money laundering.

The Bahamas is viewed differently from other jurisdictions, and Pinder explains why.