OpportunityTitle: Bolstering anti-money laundering prevention and private sector compliance programs in El Salvador
CategoryExplanation: Law Enforcement
AdditionalInformationOnEligibility: U.S.-based non-profit/non-governmental organizations (NGOs);   U.S.-based educational institutions subject to section 501(c)(3) of the U.S. tax code or section 26 US 115 of the US 115 of the U.S. tax code;   Foreign-based non-profits/non-governmental organizations (NGOs);   Foreign-based educational institutions
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.
GrantorContactEmailDescription: AllenLS2@state.gov
GrantorContactText: Katia Rubio (SanSalvadorINLGrants@state.gov); Tia Allen (AllenLS2@state.gov)