Preparing for 4th Mutual Evaluation: APG team in Dhaka to assess money laundering, terror financing efforts
The delegation held a meeting with Finance Minister Amir Khosru Mahmud Chowdhury today, attended by officials of the Bangladesh Financial Intelligence Unit (BFIU).
A high-level delegation from the Asia Pacific Group on Money Laundering (APG) began a three-day visit to Dhaka yesterday (11 August) as Bangladesh prepares for its fourth international review of efforts to combat money laundering and terrorist financing.
The delegation held a meeting with Finance Minister Amir Khosru Mahmud Chowdhury today, attended by officials of the Bangladesh Financial Intelligence Unit (BFIU).
Speaking on condition of anonymity, a participant in the meeting told The Business Standard that the delegation was briefing Bangladeshi officials and providing technical assistance on preparations for the upcoming review.
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The assistance covers documentation and preparation for interviews with the assessors, the participant said, adding that the regular evaluation assesses the effectiveness of Bangladesh's measures to combat money laundering and terror financing against international standards.
Bangladesh last underwent the evaluation in 2016, and the fourth round is scheduled to begin in the 2027-28 fiscal year.
As part of the evaluation, foreign assessors will visit Bangladesh, meet officials from various stakeholder and regulatory agencies, and examine relevant documents, the participant added.
