TITLE

NOT ALL PRACTICE MAKES PERFECT: HOW THE TREASURY'S REVISED ANTI-TERRORIST FINANCING GUIDELINES STILL FAIL TO ADEQUATELY ADDRESS CHARITABLE CONCERNS

AUTHOR(S)
Ryan, Michael W.
PUB. DATE
September 2008
SOURCE
Wake Forest Law Review;Fall2008, Vol. 43 Issue 3, p739
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the Revised Guidelines issued by the U.S. Department of Treasury to prevent the abuse terrorist financing which uses charitable organizations as their front. However, it notes that the guideline requires conditions, prior to the donation, that are hard to apply including the full awareness of grantors about grantees, in the international arena, and similar guideline for the U.S. based financial institutions. It discusses the condition of the U.S. anti-terrorism law before the release of the Revised Guidelines and offers the summary of other pertinent laws. It also offers specific suggestions on the revision of the guideline to enable it to deal with the problems confronting charitable institutions.
ACCESSION #
34930183

 

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