June 7, 2023 Oak support NPO compliance training

Non-Profit Organisations (NPOs) recently participated in a highly successful two-day training programme coordinated by the I61 Foundation to strengthen regulatory compliance and Anti-Money Laundering and Countering the Financing of Terrorism (AML-CFT) measures.   

The comprehensive programme highlighted crucial aspects of regulatory compliance, risk assessment, and the significance of adhering to legal requirements. On the first day of training, participants were immersed in topics such as compliance obligations, reporting requirements, and best practises for meticulous record keeping. The second day focused on the intricacies of money laundering, terrorist financing, risk assessment, and the implementation of strong internal controls to combat financial offences.   

The participants' responses were overwhelmingly positive, with an impressive 92% agreeing that the training material was highly pertinent to their organisations.  

This resounding praise demonstrates the program's success in equipping nonprofit organisations with the necessary knowledge and practical skills to enhance their compliance skill and navigate the complex regulatory landscape.