Page 26.Public Compliance Communication Number 41
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NPO beneficiary
- Does the NPO have formal agreements in place with donors and beneficiaries.
- Have the beneficiaries of the NPO been linked to sanctioned persons, domestic prominent influential persons, foreign prominent public officials or known criminal entities in the past or present.
- Is the NPO able to provide information on its beneficiaries.
- Does the NPO know and understand its beneficiaries and use of their goods and services once received.
Transactions
- Does the NPO conduct numerous small transactions, which does not align to the NPO's stated purposes and the client profile.
- Does the NPO conduct numerous cash transactions.
- Does the NPO conduct high volume and high value transactions that does not fit the stated intended services / goods provided and the client profile.
- Does the NPO conduct numerous cross border transfers, cash deposits and withdrawals.
- Does the NPO have multiple accounts.
- Are NPO transaction references vague.
- Are there regular inter-account transfers in the NPO accounts.
- Does the NPO make large cash withdrawals
- Does the NPO issue cheques.
- Are there multiple signatories on the NPO account.
- Is the NPO transaction conduct across their accounts similar to that of a business.
- Are there large salary payments being made from the NPO accounts.
- Are there any transactions referenced as loans made to or from the NPO accounts.
- Does the NPO purchase any immovable property or luxury vehicles etc.
- Does the NPO raise funds through online crowdfunding.