Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.
text for CQS CPMS Policy:
CQS Policy: Registered Charities
Change Date : 16/07/2025 | Word Count: 90 | Deployment Measure : 7/10
Rationale:
Organisations formed as charities or nonprofits are increasingly being misused to finance terrorism. Donating to such entities supporting terrorism is a severe criminal offence, making charity-related transactions high-risk, not low-risk. This draft AML policy wording sets out concerns and action for lawyers to take where there are suspicions
It is becoming more common for organisations to be created as charities and not for
…