Bankers urged to prevent, combat money laundering
BSS
RAJSHAHI: Senior bankers at a training workshop have urged the branch level executives and other bankers to put in their best efforts to resist money laundering and other malpractices in banks for the sake of uprooting various social crimes, reports BSS.
Terming the border-belt districts like Rajshahi and Chapainawabganj as crime-prone zone, they said bankers must remain sincere and alert so that money laundering and financing of terrorism could be reduced to a great extent.
They were addressing a daylong training workshop titled Prevention of Money Laundering and Combating Financing of Terrorism for the branch level bankers of Mutual Trust Bank Limited (MTBL) at Moonlight Garden Convention Centre in Rajshahi city yesterday.
The main focus of the course was to disseminate updated knowledge and strategies to prevent malpractices associated with money laundering.
A total of 92 executives and officers from all the MTBL branches in the region took part in the training workshop.
MTBL Additional Managing Director Hashem Chowdhury addressed the workshop as the chief guest. He said: Banks are liable for keeping accurate and full affidavits of their clients.
Updating client information is a regulatory requirement and its for all branches. It is a central bank order to do so.
Senior Executive Vice-president and Chief Anti Money Laundering Compliant Officer Swapan Kumar Biswash, Senior Assistant Vice-president and Deputy Chief Anti Money Laundering Compliant Officer Baker Hossain and Principal of MTBL Training Institute Ali Ahad conducted the training sessions as resource persons.
The speakers emphasised the importance on due diligence and proper Know Your Customer guidelines and their business and advised everyone to remain fully compliant with money laundering prevention and CFT rules and regulations.
They also advised the officials to be more cautious and proactive in preventing money laundering and terrorist financing, as well as complying with all other applicable regulations regarding the issue and thus protect and enhance the image of MTBL as a compliant bank.
So, it is high time that bankers should efficiently handle situations arising out of money laundering, as the present government as well as the Central Bank is giving highest priority in this regard, they added.
