The International Association of Prosecutors (IAP) was established in June 1995 at the United Nations Offices in Vienna and was formally inaugurated in Budapest at the first General Meeting in September 1996. The main impetus leading to its formation was the rapid growth in serious transnational crime, particularly drug trafficking, money laundering and fraud. The need was perceived for greater international co-operation between prosecutors and for greater speed and efficiency in mutual assistance, asset tracking and other cross border issues. The IAP is a non-governmental and non-political organisation. It is the first and only world association of prosecutors. The Association has over 138 organisational members - including associations of prosecutors, prosecuting agencies and crime prevention agencies - and together with its individual membership it represents over 200,000 prosecutors in over 130 countries.