Bolstering anti-money laundering prevention and private sector compliance programs in El Salvador

$800,000 - $1,000,000
Applications Due: Closed
Federal
DOS-INL (Bureau of International Narcotics-Law Enforcement)

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.

Eligibility

States
All
Regions
All
Eligible Entities
Exclusive - see details

Funding

Program Funding
Award Ceiling
$1,000,000
Award Floor
$800,000
Award Count
1

Timing

Posted Date
May 07, 2024
App Status
No Longer Accepting Applications
Pre-app Deadline
Application Deadline
July 08, 2024

Funder

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

Why Organizations Trust GrantExec

$78.81B
Available Funding
7,151
Active Grants
224
New Grants Analyzed This Week