Mandatory registration of NPOs opens door for "govt interference and politicisation" - HSF

Loading player...
The Helen Suzman Foundation (HSF) is concerned by two pieces of legislation the government is aiming to push through as it seeks to comply with recommendations of the Financial Action Task Force (FATF) to avoid greylisting. The HSF has made submissions to Parliament's Standing Committee on Finance, taking issue with aspects of both the Anti-Money Laundering and Combating Terrorism Financing Amendment Bill, as well as the Draft Non-Profit Organisation Amendment Bill. In an interview with BizNews correspondent Michael Appel, director of the HSF, Nicole Fritz, says: "We're concerned for freedom of civil society, NPOs generally, and we would point to the fact that the FATF itself maintains that any reforms or amendments undertaken by governments should be consistent with international law obligations, and this requirement of mandatory registration is concerning in that it provides for the potential of government interference, [and] politicisation." Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Nov 2022 7AM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…
24 Jun 8AM 26 min