Bankers form association of anti-money laundering

Bankers formed an association of anti-money laundering compliance officers with a view to working jointly in combating money laundering and terrorist financing and extending cooperation to Bangladesh Financial Intelligence Unit (BFIU) and other regulatory authorities, a press statement said.

The chief anti-money laundering compliance officers (CAMLCO) and their deputies will be representing their respective banks in the association.

An executive committee (EC) of the association was formed unanimously in presence of all the members during the CAMLCO Conference 2017. The EC elected Faruq Mainuddin, chief anti-money laundering compliance officer of City Bank, as its chairman and Swapan Kumar Biswas, Mutual Trust Bank's CAMLCO, as the general secretary.

The executive committee also elected vice chairmen from Janata Bank and Standard Chartered Bank, treasurer from Islami Bank Bangladesh and joint secretaries from Dhaka Bank and Bank Asia.

Other members of the executive committee have been taken from National Bank, Sonali Bank, United Commer-cial Bank, Eastern Bank, Dutch-Bangla Bank, One Bank, Exim Bank and NRB Bank.

 

Bankers form association of anti-money laundering

Bankers formed an association of anti-money laundering compliance officers with a view to working jointly in combating money laundering and terrorist financing and extending cooperation to Bangladesh Financial Intelligence Unit (BFIU) and other regulatory authorities, a press statement said. The chief anti-money laundering compliance officers (CAMLCO) and their deputies will be representing their respective banks in the association. An executive committee (EC) of the association was formed unanimously in presence of all the members during the CAMLCO Conference 2017. The EC elected Faruq Mainuddin, chief anti-money laundering compliance officer of City Bank, as its chairman and Swapan Kumar Biswas, Mutual Trust Banks CAMLCO, as the general secretary. The executive committee also elected vice chairmen from Janata Bank and Standard Chartered Bank, treasurer from Islami Bank Bangladesh and joint secretaries from Dhaka Bank and Bank Asia. Other members of the executive committee have been taken from National Bank, Sonali Bank, United Commer-cial Bank, Eastern Bank, Dutch-Bangla Bank, One Bank, Exim Bank and NRB Bank.