The Supervisory Authority for Non-Profit Organizations shall have the following competences: 1. Obtaining available information from all competent authorities regarding the activities of Non-Profit Organizations from reliable sources in a timely manner, for the purpose of determining their size, characteristics, and types, assessing risks to identify the nature of Terrorist Financing risks to which they are exposed, identifying the sub-sector thereof most exposed to such risks, and establishing focused, proportionate, and risk-based measures to address them, in a manner consistent with the risk-based approach, and periodically reviewing such measures to ensure their adequacy. 2. Supervising and monitoring Non-Profit Organizations using focused, proportionate, and risk-based measures to prevent their misuse in supporting or financing Terrorism, requiring the implementation of such measures and other obligations, and monitoring compliance therewith. 3. Reviewing the adequacy and sufficiency of legislation relating to Non-Profit Organizations to prevent their misuse in supporting or financing Terrorism, and working to improve such legislation whenever necessary. 4. Periodically assessing Non-Profit Organizations by reviewing Up-to-Date Information on potential vulnerabilities that may render them susceptible to exploitation in supporting or financing Terrorism. 5. Cooperating and coordinating with Non-Profit Organizations to develop best practices for addressing vulnerabilities that enable them to protect themselves from misuse in Terrorism Financing. 6. Encouraging and implementing awareness and education programs to raise awareness among Non-Profit Organizations and donors regarding their potential vulnerabilities, which expose them to the risk of misuse in the field of supporting and financing Terrorism, and of measures that can be taken to protect themselves from such risks. 7. Cooperating, coordinating, and exchanging information at the national level with all Concerned Authorities that retain relevant information relating to Non-Profit Organizations. 8. Establishing adequate controls and procedures to ensure that Non-Profit Organizations are notified of, and implement, the relevant decisions of the National Committee. 9. Possessing detection expertise and the capacity to examine Non-Profit Organizations suspected of being exploited by terrorist activities or organizations, or of supporting them. 10. Obtaining full access, during detection and examination processes, to information relating to the management and organization of any Non-Profit Organization, including financial information and information relating to its programs. 11. Conducting off-site and on-site inspections of Non-Profit Organizations without obstructing or delaying their legitimate charitable activities. 12. Establishing mechanisms to ensure the immediate exchange of information with Concerned Authorities for the purpose of taking preventive or investigative measures where there are suspicion or reasonable grounds to suspect that a Non-Profit Organization: a. Is a front for fundraising by a terrorist organization, or is being misused to finance Terrorism. b. Is being exploited as a conduit for Terrorism Financing, for evading funds-freezing measures, or for any other form of terrorist support. c. Conceals or obscures the trail of funds intended for legitimate purposes, but redirected for the benefit of terrorists or terrorist organizations. 13. Identifying appropriate points of contact and the necessary procedures for responding to international requests for information relating to Non-Profit Organizations suspected of engaging in, or being exploited for, Terrorism Financing or the support thereof.
Interpretation and application must be checked against the official text and current version.