Bolstering anti-money laundering prevention and private sector compliance programs in El Salvador
Closed Posted
- Opportunity number
- OFOP0001354
- Agency
-
Bureau of International Narcotics Law Enforcement
Department of State
- Applications due
- Award size
- $800,000 to $1,000,000
Opportunity facts
- Assistance listings
-
- 19.705 Trans-National Crime
- Funding instrument
- Cooperative Agreement
- Category
-
- Other
- Eligible applicants
- Not on record
- Full announcement
Opportunity details come from Grants.gov. Updated .
About this opportunity
The U.S. Department of State's Bureau of International Narcotics and Law Enforcement Affairs (INL) is seeking applications from U.S. and foreign non-profit/non-governmental organizations and educational institutions to carry out a project to bolster the capacity of obligated entities and government supervisors in El Salvador to develop and implement effective Anti-Money Laundering and Counter Terrorist Finance (AML/CFT) compliance programs. The primary objective is to ensure that high-risk entities in El Salvador are closely monitored and supervised, and to facilitate the implementation of effective risk-based AML/CFT compliance programs aligned with international standards and best practices. The deadline for submitting applications is July 8, 2024.
INL is offering up to $1,000,000 in funding through a cooperative agreement for this 24-month project. The funding is provided under the Transnational Crime program (CFDA 19.705) of the Foreign Assistance Act, which aims to minimize the impact of transnational crime and criminal networks on the U.S. and its allies. The project will be carried out in El Salvador.
Synopsis
Updated the NOFO posting date, and the description. -
The Bureau of International Narcotics and Law Enforcement Affairs (INL) of the U.S. Department of State announces an open competition for organizations to submit applications to carry out a project to bolster the capacity of obligated entities and government supervisors in El Salvador to develop and implement effective Anti-money Laundering and Counter Terrorist Finance (AML/CFT) compliance programs consistent with international standards and Financial Action Task Force (FATF) recommendations.
The primary objective of the project is to ensure that entities with high risks of money laundering in El Salvador are closely monitored and supervised. The project aims to facilitate the implementation of effective risk-based AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism) compliance programs that are in line with the best practices in the industry. By adopting these measures, the project seeks to prevent and detect instances of money laundering in the country.
Files
| File | Type | Posted |
|---|---|---|
| Questions and Answers - OFOP0001354 - AML NOFO (FINAL).pdf | ||
| FY23 INL Templates and Forms for Grants.gov.zip | ZIP file | |
| AML (NOFO) FINAL 05-06-24.pdf |
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