Bangladesh Financial Intelligence Unit (BFIU), a financial intelligence agency that works to prevent money laundering and terrorist financing, in a directive on Tuesday asked all to stop business and financial relations with the banned militant organization Jama'atul Ansar Fil Hindal Sharqiya.
After the militant organization was banned by the government, the BFIU issued the directive, adding that any business relationship with this organization is ordered to stop or face legal action.
BFIU Director Md Rafiqul Islam issued the directive.
The directive applies to all scheduled banks, financial institutions, insurance, money changers, any company or institution that remits or transfers money or value in the country, stock dealers and stock brokers, portfolio managers and merchant bankers, security custodians, asset managers, non-profit organizations or institutions.
BFIU sent the directive to private development corporations, co-operative societies, real estate developers, precious metals or stone trading firms, trust and company service providers, lawyers, notaries, other legal professionals and accountants.
Earlier on August 9, the public security division, the Ministry of Home Affairs issued a notification banning the militant organization.
