EBL organises anti-money laundering conference in Dhaka
Eastern Bank PLC (EBL) hosted a day-long BAMLCO Conference at its head office in Dhaka today, aimed at enhancing expertise, awareness and proficiency in Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) among its officials.
The conference included detailed discussions on trade-based and credit-backed money laundering; threats linked to hundi operations, online gaming, cryptocurrency and digital fraud; as well as approaches for targeted risk mitigation and oversight.
Md Mofizur Rahman Khan Chowdhury, Executive Director and Acting Head of the Bangladesh Financial Intelligence Unit (BFIU), attended the event as the Chief Guest.
Ali Reza Iftekhar, Managing Director, and Ahmed Shaheen, Additional Managing Director of EBL, were present as Special Guests.
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In his remarks, Md Mofizur Rahman Khan Chowdhury underscored the necessity of ongoing education and collaboration to foster a robust compliance culture throughout the financial sector. He praised EBL for establishing an effective platform to share insights and best practices in AML and CFT compliance.
BFIU resource persons — A K M Nurunnabi and Sajjad Hossain, Additional Directors, and Md Mahbubur Rahman, Joint Director — delivered presentations addressing emerging money laundering risks and regulatory challenges in the banking industry.
Among others present were Mahmoodun Nabi Chowdhury, Deputy Managing Director and Chief Anti-Money Laundering Compliance Officer (CAMLCO); Riad Mahmud Chowdhury, DMD and Head of Corporate Banking; M Khorshed Anowar, DMD and Head of Retail and SME Banking; and Mahiuddin Ahmed, DMD and Head of Operations. Other senior officials of EBL also attended.
