Dhaka Bank leads anti-money laundering training in Sylhet

Dhaka Bank PLC recently organised a daylong training programme on "Prevention of Money Laundering and Combating the Financing of Terrorism" at the Rose View Hotel in Sylhet.

Under the initiative of the Bangladesh Financial Intelligence Unit (BFIU), the bank served as the lead bank for the training.

Around 130 senior bank officials from 40 scheduled banks operating in the Sylhet district took part in the programme.

Md Mofizur Rahman Khan Chowdhury, executive director and acting head of the BFIU, attended the event as the chief guest, according to a press release.

AMM Moyen Uddin, deputy managing director and chief anti-money laundering compliance officer (CAMLCO) of Dhaka Bank PLC, chaired the programme, while AKM Shahnawaj, managing director (current charge), was present as the special guest.

Md Rezwanur Rahman, additional director of the BFIU, and Md Rokon-Uz-Zaman and Rajib Hassan, joint directors, conducted the sessions as resource persons.

The training covered a wide range of topics, including AML and CFT rules and regulations, regulatory requirements, recent typologies of financial crimes, Know Your Customer (KYC) and Customer Due Diligence (CDD) procedures, as well as methods to prevent credit- and trade-based money laundering.

Emerging threats such as hundi, online gaming, betting, cryptocurrency transactions, and agent banking were also discussed.

The sessions demonstrated a strong commitment to strengthening the banking sector's capacity to combat money laundering and terrorist financing in line with national laws and international standards.

Md Mahbubur Rahman, member of the central compliance committee at Dhaka Bank PLC; Md Shaheenul Islam, in-charge of the AML & CFT division; and Fazle Ahmed Rabbi, senior manager of the Upashahar Branch, along with other senior officials from various banks operating in the district, were also present.