Trust Bank, BFIU arrange seminar on anti-money laundering efforts

Trust Bank PLC, in collaboration with the Bangladesh Financial Intelligence Unit (BFIU), recently organised a regional workshop titled "Proactive Transaction Monitoring – Finding Key Indicators for Detecting Money Laundering" at City Hotel in Cox's Bazar.

AKM Golam Mahmud, director of BFIU, attended the workshop as the chief guest, according to a press release.

ABM Moinul Hasib, head of the Anti-Money Laundering Division of Trust Bank PLC, was present as the special guest.

Ruman Ahmed, additional director of BFIU, led the workshop as the team leader.

Officials from different banks in the Cox's Bazar region participated in the programme, which featured interactive discussions and expert-led sessions on enhancing automated monitoring, developing early alert mechanisms, and identifying effective risk indicators to combat money laundering.

The workshop encouraged collaboration among financial institutions and emphasised the importance of proactive transaction monitoring to uphold transparency and safeguard Bangladesh's financial integrity, the release added.