The project aims to support anti-money laundering efforts across the GAFILAT (Financial Action Task Force of Latin America, formerly GAFISUD) Member States in both the financial and non-banking financial sector, within the framework of the global fight against organized crime. The focus is on diagnosing the situation in the non-banking financial sector, analysing existing vacuums in the fight against money laundering within national regulatory frameworks, strengthening investigation processes, preparing countires to face mutual evaluations and promoting international cooperation.

The project is a grant to GAFILAT, a regionally based inter governmental organisation of 17 Member States which combats money laundering and terrorist financing by means of a commitment for continuous improvement of the national policies against both threats, and enhnaces different cooperation mechanisms among its member countries.