NRBC Bank holds AML, CFT conference using AI technology
NRBC Bank organised the "AML and CFT Conference 2025" on Saturday, 20 December, marking its first use of artificial intelligence (AI) technology to enhance institutional capacity and awareness on preventing money laundering and terrorist financing.
The day-long conference was held in a hybrid format at a hotel in Dhaka, with officials joining both physically and through an AI-powered online platform.
Executive Director of Bangladesh Bank and acting head of the Bangladesh Financial Intelligence Unit (BFIU) Md Mofizur Rahman Khan Chowdhury attended the event as chief guest, while NRBC Bank Managing Director and CEO Dr Md Touhidul Alam Khan, FCMA, CSRA, was present as special guest.
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The conference was presided over by NRBC Bank Deputy Managing Director and Chief Anti-Money Laundering and Compliance Officer Mohammad Abdul Qaium Khan. Joint Directors of BFIU Rajib Hasan and Md Hafizur Rahman Khan, along with officials from various levels of NRBC Bank, also participated.
The programme featured discussions on existing anti-money laundering (AML) and counter-terrorist financing (CFT) laws, recent Bangladesh Bank directives, customer due diligence (KYC), transaction monitoring systems, preparation and submission of suspicious transaction and activity reports (STRs and SARs), and strengthening branch-level compliance functions. Practical experiences and case studies were shared to enhance operational understanding.
In his address, Md Mofizur Rahman Khan Chowdhury emphasised the need for a strong, risk-based and sustainable compliance framework in the banking sector. He stressed the importance of coordinated efforts by branch anti-money laundering compliance officers and head office departments, as well as regular capacity building, effective transaction monitoring and timely reporting of suspicious activities. He said Bangladesh Bank and BFIU would continue to provide policy guidance and supervisory support to ensure transparency and accountability in the financial system.
Addressing the conference, Dr Md Touhidul Alam Khan said strict adherence to AML and CFT regulations is essential for good governance, transparency and risk management. He noted that branch-level compliance officers play a key role as the first line of defence and reaffirmed NRBC Bank's commitment to disciplined and systematic operations.
