Development of Anti-Corruption and Anti-Money Laundering Tools to Identify Unexplained Wealth Held by Politically Exposed Persons (PEPs)

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Funding Opportunity ID: 327659
Opportunity Number: SFOP0007091
Opportunity Title: Development of Anti-Corruption and Anti-Money Laundering Tools to Identify Unexplained Wealth Held by Politically Exposed Persons (PEPs)
Opportunity Category: Discretionary
Opportunity Category Explanation:
Funding Instrument Type: Grant
Category of Funding Activity: Law, Justice and Legal Services
Category Explanation:
CFDA Number(s): 19.703
Eligible Applicants: Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Additional Information on Eligibility:
Agency Code: DOS-INL
Agency Name: Department of State
Bureau of International Narcotics-Law Enforcement
Posted Date: Jun 12, 2020
Close Date: Aug 14, 2020
Last Updated Date: Jun 12, 2020
Award Ceiling: $800,000
Award Floor: $500,000
Estimated Total Program Funding:
Expected Number of Awards: 1
Description: By supporting the development of a comprehensive global PEPs database, or network of databases, the State Department intends to promote the ability of public and private stakeholders to combat corruption and money laundering. This database would help these stakeholders comply with existing regulations and hold malign actors accountable for their corrupt activity. This database will also promote transparency by providing public information to civil society and ensure reports on official corruption would remain available to the public. The transnational nature of the database would limit opportunities for PEPs to use ill-gotten assets outside of their own country. This program will improve the rule of law and combat corruption by developing NGO-run non-commercial database to identify unexplained wealth held by PEPs in selected initial countries. The project should focus on countries in Eastern Europe, Central Europe, and Western Balkans, in the initial period of performance, with the ability to subsequently scale the project.
Version: 1





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