Dutch-Bangla Bank organized a day-long workshop on “Prevention of Money Laundering and Terrorist Financing – Review of Combating Ability”.

Dutch-Bangla Bank organized a day-long workshop on “Prevention of Money Laundering and Terrorist Financing – Review of Combating Ability” for the branch managers, deputy managers and BAMLCOs of the Bank. Mr. M. Mahfuzur Rahman, Executive Director and Deputy Head of BFIU, Bangladesh Bank inaugurated the workshop as Chief Guest on May 08, 2015 at the Bank’s Training Wing, Dhaka while Mr. K.S. Tabrez, Managing Director of DBBL was present as Special Guest. The workshop mainly focused on assessing and reviewing the Bank’s combating ability with respect to prevention of money laundering and terrorists financing. Resource persons and anti money laundering experts conducted various sessions in the workshop.

Mr. M. Mahfuzur Rahman in his speech said that status of the country’s ability to combat money laundering and terrorists financing have improved significantly over the years. BFIU used to monitor the ability of the reporting organizations and provide necessary guidance and trainings to improve combating process. He advised the participants to exercise due caution in account opening process and strengthen transaction monitoring efforts to prevent money laundering. He emphasized on the proper KYC (know your customer) as well as KYE (know your employee) to protect the banking institution from any attempt of money laundering and terrorists financing activities by the criminals.

Mr. K. S. Tabrez mentioned that with the increase of economic activities and economic inclusion of greater number of peoples, more and more individuals and organizations are coming within the purview of banking services and thereby it becomes a challenge for the bankers to keep the banking institution safe from its illegal use by unscrupulous elements.
Among others Mr. A.K.M Shah Alam, Executive Vice President & CAMLCO and Mr. A. H. M. Zahurul Islam, Executive Vice President, Training Wing of DBBL were present in the workshop.

aml201505

Mr. M. Mahfuzur Rahman, Executive Director and Deputy Head of BFIU, Bangladesh Bank inaugurated the workshop as Chief Guest on May 08, 2015 at the Bank’s Training Wing, Dhaka while Mr. K.S. Tabrez, Managing Director of DBBL was present as Special Guest.