bKash organises workshop on “Technological innovations and its impact on AML&CFT Practices in MFS”

bKash Limited, the largest mobile financial service provider in the country in association with Bangladesh Financial Intelligence Unit (BFIU) and Bangladesh Bank today organised a day-long workshop on ‘“Technological innovations and its impact on AML&CFT Practices in MFS”’ for the senior officials of bKash to sensitise them on the issue.

Abu HenaMohd. Razee Hassan, Head of Bangladesh Financial Intelligence Unit (BFIU)was present at the workshop as the Chief Guest while Masud Rana, Joint Director of Bangladesh Financial Intelligence Unitpresented the keynote paper.

125 officials of Bangladesh Bank, BRAC Bank Limited, other Banks and bKashparticipated at the workshop held at Hotel Purbani International.

Addressing the workshop,Abu HenaMohdRazee Hassanurges the practitioners to ensure AML& CFT practices with effective utilization of technological innovations.

Speaking at the workshop Kamal Quadir, Chief Executive Officer of bKash Limited said, byusing state of the art technology we will be able to minimize money laundering and terrorist financing risks more precisely.

He added bKash engages itself in complete adherence to its Anti-Money Laundering & Combating the Finance of Terrorism (AML & CFT) practices in accordance to the prescribed rules and regulations of Bangladesh Bank and other regulatory bodies.

Major General (Retd) Sheikh Md. Monirul Islam, Chief External and Corporate Affairs Officer and Chief Anti-Money Laundering and Compliance Officer (CAMLCO) of bKash Limited moderated the workshop, while Mohammad Azmal Huda, Chief Technology Officer of bKash briefed the upcoming technological innovations bKash is adapting soon.

Launched in 2011, bKash, a joint venture of BRAC Bank, US based Money in Motion, International Finance Corporation, Bill and Melinda Gates Foundation and Ant Financial, operates as a payment service provider offering broad range of mobile/digital financial services under the regulation of Bangladesh Bank.

Tech and Teen

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