As per law, the NPOs
whose applications had initially been rejected by the administration could also file an appeal with the DC; however, the proscribed orgnaisations could not be granted permission, said an official of the branch concerned in the local administration.
While the department is empowered by the Act to de-register NPOs
that fail to comply with the Act, it has adopted a developmental approach that foster good relations with the sector towards the attainment of its strategic goals.
When the government is headed by a political party that is wedded to a particular ideology, it may take punitive action against the NPOs
that do not endorse its ideology.
He said all registered NGOs and NPOs
are legally bound to furnish their audit and performance reports to Social Welfare and Bail ul Mall Department on regular basis and those who do not taking these instructions seriously would be dealth under the law.
Minister Ngaka explained that NPOs
were also recognised as advocacy agency that contributed immensely to policy dialogue and development.
" This same report, Karapatan said, noted that earlier accusations had been based on hearsay and that the NPOs
are not the preferred mode of raising funds for so-called threat groups.
The session also discussed the regulatory measures contained in the regulations for NPOs
and intermediaries to prevent money laundering and terror financing abuses, supplemented by the best practices and recommendations contained in the AML/CFT guidelines for NPOs
issued by it.
In order to ensure that NPOs
are not misused by terrorist organizations: (i) to pose as legitimate entities; (ii) to exploit legitimate entities as conduits for terrorist financing, including for the purpose of escaping asset freezing measures; or (iii) to conceal or obscure the clandestine diversion of funds intended for legitimate purposes, but diverted for terrorist purposes, the SEC adopts a risk-based approach in applying focused measures in dealing with identified threats of terrorist financing abuse to NPOs
In filing HR 2420, the Makabayan lawmakers said under the SEC Guidelines, the Commission is given unchecked discretion to determine and identify those whom it considers "NPOs
According to a document available with Express, new rules have been prepared for NPOs
The SECP is actively pursuing implementation of anti-money laundering and counter-terrorist financing regime in its regulated sectors, including the NPOs