Eastern Bank Ltd. (EBL) organised a daylong conference for its employees in Sylhet on Saturday to enhance their knowledge of Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT).
The conference was held at Grand Sultan Tea Resort and Golf especially for Branch Managers (BMs) and Bank AML Compliance Officers (BAMLCOs) in the district, according to a press release.
The conference provided a platform for participants to gain insights into the rapidly growing digital transformation of the financial sector and the challenges that lie ahead for banks. Md. Masud Rana, Additional Director, and Md. Rokon-Uz-Zaman, Joint Director, from the Bangladesh Financial Intelligence Unit (BFIU), shared their expertise on credit-backed money-laundering methods and effective mitigation strategies.
Highlighting the event, Md. Masud Biswas, Head of BFIU, graced the occasion as the Chief Guest. Ali Reza Iftekhar, Managing Director and CEO of EBL, along with M.M. Haikal Hashmi, DMD and CAMLCO, and Md. Abdul Awal, EVP, and Md. Shahjahan Ali, SVP and Deputy CAMLCO of EBL, were also present to support and encourage the participants.
The conference served as a valuable opportunity for EBL's BMs and BAMLCOs to enhance their understanding of AML and CFT practices, enabling them to navigate the evolving landscape of financial regulations effectively.