BRAC Bank holds AML conference to address evolving risks
BRAC Bank PLC organised an Anti-Money Laundering (AML) Conference titled Contemporary Risks & Challenges on 19 July 2025, aiming to strengthen awareness of AML and Combating the Financing of Terrorism (CFT) among its senior officials.
The day-long conference, held at a hotel in Dhaka, was attended by approximately 180 senior officials of the bank. The event is part of BRAC Bank's continued efforts to equip its team with updated knowledge of regulatory frameworks and global best practices in AML and CFT compliance.
AFM Shahinul Islam, Head of Bangladesh Financial Intelligence Unit (BFIU), attended the conference as Chief Guest. Also present were Tareq Refat Ullah Khan, Managing Director & CEO (Current Charge), and Chowdhury Moinul Islam, Deputy Managing Director & CAMLCO of BRAC Bank.
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In his remarks, AFM Shahinul Islam said: "Bankers must remain vigilant to prevent misuse of banking channels by criminals. Strict adherence to BFIU guidelines and international AML/CFT regulations is essential. Proper KYC, timely monitoring of transactions, and accurate regulatory reporting are key to mitigating risks."
The conference featured specialised sessions led by senior BFIU officials. Shadril Ahmed, Additional Director of BFIU, spoke on fraud and forgery trends, including online gambling, cryptocurrency, and unauthorised forex trading. Md Mosharrof Hossain, Joint Director, BFIU, conducted sessions on trade-based and credit-backed money laundering, typologies, and inspection ratings.
Tareq Refat Ullah Khan said: "AML compliance is more than a regulatory necessity—it's the foundation of trust our customers and society place in us. By enhancing AML understanding, we not only strengthen our bank but contribute to the integrity of the entire financial system."
As part of its broader initiative, BRAC Bank has launched a weeklong AML Awareness Campaign to deepen staff knowledge, enhance internal controls, and reaffirm its commitment to industry-leading compliance standards.
The conference provided valuable insights into emerging threats and reinforced the responsibilities of bankers in preventing financial crimes. As a values-driven organisation, BRAC Bank continues to invest in capacity building through targeted training and professional development programmes.
