(THIS ARTICLE IS ONLY MACHINE TRANSLATED by Google from Norwegian)
[terror] The drastic measures mean that the authorities can intervene against voluntary organizations and deny them access to their own accounts. Members of the board can be set aside and fines imposed. The authorities also have the opportunity to stop all activities of voluntary organizations that do not want to cooperate.
The requirement comes from the international working group Financial Action Task Force (FATF). The regulation was adopted on 16 February this year and is binding on the member states. The requirements must now be adapted to Norwegian law.
The FATF's recommendation has been received by Danish aid organizations, among others. . .
To continue reading, create a new free reader account with your email,
or logg inn if you have done it before. (click on forgotten password if you have not received it by email already).
Select if necessary Subscription (69kr)