Deadline: 5 June 2017
The United States Department of State’s Bureau of Counterterrorism and Countering Violent Extremism (CT) is seeking applications to support counterterrorism finance-related (CTF) mentoring and advisory services for Somalia’s Financial Reporting Center (FRC).
- Embed in the FRC two or more international mentors with technical expertise and experience in financial intelligence collection and analysis and/or experience with FIUs to help build essential AML/CFT oversight capacity and controls.
- One or more mentors will focus on institutional capacity-building of the FRC, including the establishment of mission and objectives, development and strengthening of organizational roles and structure, and the creation and streamlining of organizational processes and procedures. The mentor(s) should have demonstrated expertise and experience in institutional capacity-building, specifically of FIUs.
- One or more mentors will focus on developing guidelines, processes, and procedures on core functions of the FRC, including guidelines on mapping and analyzing terrorist financing (TF) risks among banks and MTBs; suspicious transaction monitoring procedures; guidelines and SOPs on collection, management, analysis, and dissemination of financial data; and policies on interagency collaboration related to the investigation and prosecution of TF crimes. The mentor(s) should have demonstrated expertise and experience in the development of AML/CFT legal and regulatory regimes, especially as related to FIUs.
- Assist the FRC in the development of an integrated operating model to address money laundering and terrorist financing risks and support and guide efforts by the FRC to implement a legal framework for an AML/CFT regime, including the development of a regulatory framework tied to AML/CFT legislation as related to FRC core functions.
- Support an assessment of current AML/CFT processes and procedures at the FRC that will produce concrete, practical, and realistic recommendations for appropriately sequenced AML/CFT guidelines and regulations related to financial institutions’ reporting obligations and associated training and capacity-building to relevant financial institutions, MTBs, and others on those obligations.
- Assist the FRC with improving its ability to effectively collect financial data through suspicious transaction reports (STRs), as well as its capacity to investigate and analyze STRs and enforce a compliance regime.
- Assist the FRC in determining the appropriate technologies for automating STR collection and management.
- Support the FRC in strengthening its capacity to coordinate with the CBS Licensing and Supervision Department, other relevant CBS departments, Somali law enforcement agencies, other relevant Somali authorities, and other FIUs in the region to collect and analyze financial data as well as investigate and prosecute money laundering and terrorist financing cases.
- Estimated Total Program Funding: $987,500
- Award Ceiling: $987,500
- Applicants that are eligible to apply are U.S. based non-profit/non-governmental organizations (NGOs) having a 501(c) (3) status with the IRS; overseas NGOs; and public international organizations. In particular, submissions from potential implementers with deep experience implementing complex security assistance programs are welcome.
- To be eligible for an award, in addition to other conditions of this NOFO, organizations must have a commitment to non‐discrimination with respect to beneficiaries and adherence to equal opportunity employment practices. Non‐discrimination includes equal treatment without regard to race, religion, ethnicity, gender, and political affiliation.
- Applicants are reminded that U.S. Executive Orders and U.S. law prohibits transactions with, and the provision of resources and support to, individuals and organizations associated with terrorism. It is the legal responsibility of the Recipient to ensure compliance with these Executive Orders and laws. This provision must be included in any sub‐awards issued under this award.
- For-profit and commercial firms are not eligible to apply. Individuals are not eligible to apply.
How to Apply
Applications must be submitted online via given website.
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