Bkash, the largest MFS provider in the country, held a two-day long seminar to boost the skills of all employees engaged in Anti Money Laundering and Combatting the Financing of Terrorism (AML and CFT) compliance functions.
Employees involved in the AML and CFT department including those stationed at various regions attended the seminar focused on the prevention of informal remittance, gambling/betting and unauthorized forex/cryptocurrency transactions, read a press release.
Kamal Quadir, CEO of Bkash; Major General Sheikh Md Monirul Islam (retd), chief external and corporate affairs officer (CECAO) and chief anti-money laundering and compliance officer (CAMLCO); Mohammed Ferdous Yusuf, chief human resources officer; and Saber Sharif, head of AML and CFT department of Bkash were present at the seminar held in Dhaka recently.
Bkash organizes a half-yearly ‘AML-CFT Seminar' on a regular basis to boost the skills of its employees to prevent money laundering and financing of terrorism in the MFS sector and increase customers' financial security and awareness.
As a reporting organization, Bkash is the only MFS provider in the country with dedicated compliance teams deployed in various regions of the country – in line with the recommendations of regulatory organizations.
Bkash is also pioneering among Bangladeshi MFS providers in deploying customized compliance tools like AML360 Financial Crime Investigation Solution and Screening Intelligence System (SIS).