EU Issues Draft Recommendations on Code of Conduct for NPOs

On July 22, 2005, the European Commission Directorate-General on Justice, Freedom and Security issued draft recommendations to strengthen donor integrity and confidence and raise standards of transparency and accountability for non-profit organizations (NPOs). The background explanatory note states that after taking account of the vulnerabilities of the non-profit sector to terrorism financing and other criminal abuse, the Commission addresses recommendations to EU Members and a voluntary Code of Conduct for non-profit organizations acting in the EU. Hence, it covers organizations, legal or natural persons, legal arrangements or other types of body that "engage in the raising and/or disbursing funds for charitable, religious, cultural, educational, social or fraternal purposes, or for the carrying out of other types of good works" (NPOs)?[more]