Modhumoti Bank holds workshop on prevention of trade-based, credit-backed money laundering

Modhumoti Bank PLC successfully organised a workshop on “Prevention of Trade-Based Money Laundering (TBML) & Credit-Backed Money Laundering (CBML)” on Saturday at the bank’s Learning & Development Centre (Explore) in Pragati Sarani.

The event was graced by the presence of Mr. Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank, as the Chief Guest. Mr. Shahnawaj Chowdhury, Additional Managing Director, and Mr. Arab Fazlur Rahman, Deputy Managing Director& Chief Anti-Money Laundering Compliance Officer (CAMLCO), attended the event as Special Guests.

Dr. Md. Rayhanul Islam, Additional Director-1 and Mr. Md. Zainul Abedin, Joint Director of Bangladesh Financial Intelligence Unit (BFIU) conducted sessions in the workshop, where MANCOM Members, Divisional Heads & Executives of Head Office, Officials from the Anti-Money Laundering Division and different Branch Managers & officials of the Bank were present. Basic concepts and methods on Prevention of Trade-Based Money Laundering (TBML) & Credit-Backed Money Laundering (CBML) were thoroughly discussed in the workshop.

Following the substantive discussions, the program concluded with a constructive and interactive Q&A session.