Anti-money laundering compliance officers’ conference held in Cox's Bazar

A conference has recently been held in Cox's Bazar on the initiative of Bangladesh Financial Intelligence Unit (BFIU) and in collaboration with Anti-Money Laundering Compliance Officers of Bankers in Bangladesh (AACOBB) to create awareness to prevent money laundering.

Governor of Bangladesh Bank Abdur Rouf Talukder was present as the chief guest, and Head of Bangladesh Financial Intelligence Unit (BFIU) Md Masud Biswas presided over the conference at the Ocean Paradise Hotel and Resort, Cox's Bazar, on Friday, according to a press release.

Chairman of Association of Bankers Bangladesh (current duty) Mashrur Arefin, Chairman of AACOBB Mohad Ziaul H Molla, Secretary of the Financial Institutions Department of the Ministry of Finance Sheikh Mohammad Salim Ullah, managing directors and CEOs of various commercial banks, and chief and deputy chief anti-money laundering officers of 61 commercial banks in Bangladesh were also present at the conference.

In the speech of the chief guest, Abdur Rouf Talukder advised to adopt plans by targeting marginalised people to make Bangladesh 100 per cent cashless by 2031.

He also discussed the steps taken by Bangladesh Bank to control the import of unnecessary and luxury goods, encourage remittances through banking channels, and continue the growth of export earnings.

Resource persons at the conference discussed contemporary money laundering issues as well as various effective methods to prevent money laundering.