The Companies Commission of Malaysia (CCM) has issued a publication entitled “Guidelines on Best Management Practices for Non Profit Organizations (NPO)”.
The Guideline is available for free download at http://www.ssm.com.my/ms/node/23405
Topics covered include:
- Risk of NPO's being misused
- Risks NPO’s are exposed to
- Abuse of NPO's - global perspectives
- Best practices in managing NPOs for Directors/Trustees/Office Bearers
- Understanding the responsibility of a Director/Trustee/Office Bearer (to ensure completeness of records, ensuring that the NPO has an adequate system of internal control and risk management, as well as compliance with specific legislation regulating NPO's
- Information on money laundering and terrorism financing via NPO's
