UCB holds workshop on money laundering

United Commercial Bank (UCB) recently arranged a workshop programme, under the supervision of Bangladesh Financial Intelligence Unit (BFIU), on “Prevention of Money Laundering and Combating the Financing of Terrorism” as a lead bank in Moulvibazar.

Md Masud Biswas, head of BFIU attended the event as chief guest, while ABM Zahurul Huda, GM of BFIU, and Mohammed Khorshed Alam, deputy managing director of UCB, attended the programme as special guests, according to a press release.

The training programme was presided over by Syed Faridul Islam, additional managing director of CAMLCO and UCB.

Speakers focused on various issues on prevention of money laundering and combating the financing of terrorism at the program. Besides, the risk of trade-based money laundering and credit-based money laundering was also discussed, the release added.

Muhammad Mohsin Hossaini, DGM of BFIU, and Md Rokon-Uz-Zaman, JD of BFIU, were the resource persons at the event.