BASIC Bank Limited organised a virtual workshop pertaining to 鈥楻eporting on Anti Money Laundering and Terrorist Financing鈥� with participation of officials from branch and sub-branch levels, said a press release.
Managing director and chief executive officer Md Quamruzzaman Khan inaugurated the workshop as chief guest on September 11.
Among others, deputy managing directors Abu Md Mofazzal, Subhas Chandra Das, general managers Md Ismail, Md Momenul Hoque, Md Nashir Uddin and Sumit Ranjan Nath were present.
In his inaugural speech, Md Quamruzzaman Khan emphasised on the importance of preventing money laundering and terrorist financing in banking operations and instructed proper compliance with regulatory authority guidelines on these issues.
Abu Md Mofazzal highlighted in his speech the proper and timely submission of CTR, STR, SAR and other related reports in the prevention of money laundering and terrorist financing.
Subhas Chandra Das referred to the issue of money laundering and terrorist financing prevention as one of the pillars of integrity and good governance and urged all participating officials to remain vigilant in this regard.
The workshop provided detailed insights into various reporting requirements and related documentation concerning money laundering and terrorist financing prevention.