The Companies (Non-Profit Organisation) Regulations, 2014 (the “Regulations”) came into effect on 6 August, 2014. The Regulations were specifically designed to address the risks faced by non-profit organisations (“NPOs”) relating to money laundering and terrorist financing. They impose a number of obligations on NPOs and on the Registrar General with the ultimate aim of protecting NPOs from being used for money laundering and terrorist financing.
