bKash organized Half Yearly AML-CFT Seminar

The Mobile financial service provider bKash organized a two-day seminar to increase the efficiency of compliance officers to prevent money laundering and terrorist financing. Prevention of sending remittances through illegal channels; Regional level officials from all over the country including Dhaka, working in the AML-CFT department participated in this training program on various important issues including prevention of illegal betting sites or unauthorized foreign transactions.

The program held in Dhaka was attended by Kamal Qadir, Chief Executive Officer of bKash; Chief External and Corporate Affairs Officer and Chief Anti Money Laundering Compliance Officer Major General Sheikh Md. Monirul Islam (Retd), Chief Human Resources Officer Md. Ferdous Yousuf and senior officials including AML & CFT Department Head Saber Sharif.

bKash has been regularly organizing AML-CFT half-yearly seminars to enhance the skills of bKash staff in enhancing customer financial security and awareness, including prevention of money laundering and financing of terrorism in the mobile financial services sector.  

As a reporting organization, bKash is the only MFS service provider in the country which has appointed compliance teams in different regions of the country as per the guidelines of the regulatory body as part of the compliance system. The organization regularly conducts various activities to ensure risk-free transactions as well as to prevent anti-money laundering and terrorist financing.

It may be noted that bKash is playing a pioneering role in the MFS sector in taking action against any kind of suspicious transactions through a special customized compliance tool 'AML 360 Financial Crime Investigation Solution' and Screening Intelligence System (SIS).