Treasury to address NPO concerns over General Laws Amendment Bill
The bill, which deals with the disclosure and reporting of beneficial ownership, will make registration by all non-profit organisations compulsory
Treasury has agreed to urgently meet the non-profit organisation (NPO) sector to address its concerns about a bill that aims to strengthen SA’s regime against money laundering and the financing of terrorism.
The sector and the JSE raised concerns over the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill in a meeting of parliament’s finance committee Tuesday...
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