NRBC Bank Hosts AI-Powered AML–CFT Conference

NRBC Bank has organised the “AML and CFT Conference 2025” for the first time using artificial intelligence (AI) technology, aiming to enhance officials’ capacity and raise awareness in preventing money laundering and terrorist financing.

The day-long conference was held on Saturday, December 20, at a hotel in the capital, where officials from different levels of the bank participated through the AI-enabled online platform “Convey.”

The chief guest at the conference was Md Mofizur Rahman Khan Chowdhury, Executive Director of Bangladesh Bank and Acting Head of the Bangladesh Financial Intelligence Unit (BFIU). The special guest was Dr Md Touhidul Alam Khan, Managing Director and Chief Executive Officer of NRBC Bank.

The conference was chaired by Mohammad Abdul Kaiyum Khan, Chief Anti-Money Laundering and Compliance Officer (CAMLCO) and Deputy Managing Director of NRBC Bank. Among others, Rajib Hasan and Md Hafizur Rahman Khan, Joint Directors of BFIU, were present.

Discussions during the conference focused on strengthening branch-level compliance activities, including existing laws on anti-money laundering and counter-terrorist financing, the latest directives of Bangladesh Bank, customer due diligence (KYC), transaction monitoring, preparation and submission of suspicious transaction/activity reports (STR/SAR), and other compliance-related issues. Emphasis was also placed on enhancing participants’ skills through real-life experiences and case study presentations.

In his address, chief guest Md Mofizur Rahman Khan Chowdhury said that building a strong, risk-based, and sustainable compliance framework in the banking sector is essential to prevent money laundering and terrorist financing. He stressed the need to further strengthen and make more effective the roles of branch Anti-Money Laundering Compliance Officers (BAMLCOs) alongside the relevant departments at head offices. He also highlighted the importance of regular capacity building, effective transaction monitoring systems, and timely identification, analysis, and reporting of suspicious transactions.

He added that Bangladesh Bank and BFIU will continue providing policy guidance and regulatory oversight to ensure transparency, accountability, and good governance in the banking system.

Speaking on the occasion, NRBC Bank Managing Director and CEO Dr Md Touhidul Alam Khan said that strict compliance with anti-money laundering and counter-terrorist financing regulations must be prioritised to ensure good governance, transparency, and risk control in the financial sector. He noted that branch-level BAMLCOs serve as the first line of defence in compliance management. Through proper supervision by head office departments and responsible branch officials, money laundering and terrorist financing can be effectively prevented.

He reaffirmed NRBC Bank’s commitment to becoming a welfare-oriented institution by conducting all activities in a disciplined and compliant manner.

DBTech/JNO/MUM/OR