https://www.tbsnews.net/economy/corporates/idcol-organises-refresher-training-amlcft-compliance-1447521

Infrastructure Development Company Limited (Idcol) organised a day-long "Refresher Training on AML/CFT Regulations and Compliance Procedure" at Amari Dhaka in Gulshan to strengthen institutional awareness and capacity on compliance.

The training was designed to enhance participants' understanding of anti-money laundering and combating financing of terrorism regulations, risk prevention measures and compliance procedures.

The core objective was to improve understanding of money laundering and terrorist financing risks, preventive measures and regulatory requirements in line with Bangladesh Bank and Bangladesh Financial Intelligence Unit guidelines.

Iqtiaruddin Md Mamun, Head of BFIU; Abu Taher Mohammad Kamrul Kabir Bhuiyan, Director, Money Laundering and Terrorist Financing Prevention Department, Bangladesh Bank; Alamgir Morshed, Managing Director of Idcol; and S M Monirul Islam, Deputy CEO and CAMLCO of Idcol, attended the event.

Senior officials from BFIU and Bangladesh Bank, along with Idcol employees, also participated in the programme.

Speaking at the event, the Head of BFIU, the Bangladesh Bank director, Idcol's managing director and Idcol's CAMLCO highlighted the importance of AML/CFT compliance, robust know-your-customer procedures, rigorous due diligence and regular specialised training for institutional resilience.

The training sessions were conducted by resource persons from Bangladesh Bank, BFIU and IDLC Finance PLC.

They covered key aspects of the AML/CFT framework, including statutory guidelines, suspicious transaction report and suspicious activity report procedures, due diligence practices and credit-based money laundering.

The training concluded with an interactive discussion on strengthening AML/CFT compliance practices across the financial industry.