Combating Financial Crimes: Anti-Money Laundering Initiatives in Uzbekistan

$500,000 - $900,000
Applications Due: Closed
Federal
U.S. Department of State (Bureau of International Narcotics-Law Enforcement)

The "Combating Financial Crimes: Anti-Money Laundering Initiatives in Uzbekistan" grant is designed to fund projects that strengthen Uzbekistan's ability to detect, prevent, and prosecute money laundering and financial crimes, by improving regulatory compliance, inter-agency coordination, and the adoption of international best practices.

Description

The Bureau of International Narcotics and Law Enforcement Affairs of the U.S. Department of State announces an open competition for organizations to submit applications to carry out a project addressing money laundering-related financial crimes in the Republic of Uzbekistan. Although Uzbekistan has implemented reforms to boost its anti-money laundering (AML) framework, the country still faces significant challenges in combating money laundering and financial crimes, which threaten the integrity of its financial system, facilitate corruption, and hinder economic development. Despite ongoing efforts, the country continues to grapple with issues related to illicit financial flows, corruption, and weak regulatory frameworks. These challenges are exacerbated by the complex and evolving nature of money laundering schemes, which often exploit gaps in the existing legal and institutional structures. To address these issues, there is a critical need for innovative and effective anti-money laundering (AML) initiatives that can strengthen Uzbekistans capacity to detect, prevent, and prosecute financial crimes. This funding opportunity seeks to support projects that enhance regulatory compliance, improve coordination among relevant agencies, and promote the adoption of international best practices in AML. By investing in these efforts, INL aims to bolster Uzbekistans financial integrity, strengthen the rule of law, and contribute to a more transparent and resilient economic environment.

Eligibility

States
All
Regions
All
Eligible Entities
Nonprofits, Private institutions of higher education, Public and State controlled institutions of higher education

Funding

Program Funding
$3,000,000
Award Ceiling
$900,000
Award Floor
$500,000
Award Count
3

Timing

Posted Date
August 02, 2024
App Status
No Longer Accepting Applications
Pre-app Deadline
Application Deadline
October 04, 2024

Funder

Funding Source
Source Type
Federal
Contact Name
Contact Email
Contact Phone
--

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