Course Details

Prevention of Money Laundering and Terrorist Financing

  • Title : Prevention of Money Laundering and Terrorist Financing
  • Course TYPE : Training Course
  • Course No : TC30/2022
  • Duration : 04 Working Days
  • Frequency : 4
  • Time : Monday 29th of August 2022 - Thursday 1st of September 2022
  • Nature: On campus (Residential)
  • Target Group : Lecture, Group Discussion, Case Study, Panel Discussion and Formulation of Recommendation.
  • Methods : Lecture, Group Discussion, case study, Panel Discussion and Formulation of Recommendation.
  • Resource Person: BIBM Faculty and Professionals from Financial and Other Institutions
  • Coordination Team :
    1 . Tofayel Ahmed
    2 . Mahmudul Ameen Masud
  • Objectives:

    a. To Acquaint the Participants with the Legal Framework in Preventing Money Laundering and Terrorist Financing.

    b. To Share Experiences on Implementation of Money Laundering Prevention Policies Including Combating Terrorist Financing.

  • Contents:

    a. AML CFT: TF: Definition, Methods, Stages, and Consequences.

    b. AML and CFT: International Standard and Institutions.

    c. FATF 40 Recommendations for Preventing AML and CFT. 

    d. AML and CFT Regime of Bangladesh and Institutional Framework.

    e. Money Laundering Prevention Act-2012 (Amendment 2015) and MLPR, 2019.

    f. Anti-Terrorism Act-2009 (Amendment 2012 & 2013) and ATR, 2013.

    g. BFIU Circulars and Guidelines issued by BFIU.

    h. E-KYC Guidelines.

    i. Reporting and Record keeping, Transaction Monitoring and Transaction Profile, Cash Transaction Reporting System and Procedure.

    j. Digital Transformation of Payment System and Associated ML& TF Risk.

    k. Credit and Trade-Based Money Laundering: Concepts, Types, and Regulations.

    l. Guidelines for the Prevention of TBML.

Criteria for Nomination for BIBM Training Workshop

a. BIBM member banks can access the online nomination form before forty (40) days of the commencement of programs. BIBM member banks can nominate a maximum number of three (03) participants for a Training Workshop. The maximum number of participants in each Training Workshop is 40. However, if the number of total nominees exceeds the maximum number, a final list of 40 participants will be prepared by the BIBM authority which will be available online five (05) days prior to the commencement of the Training Workshop. Information in regard to rejection of any nomination will be communicated to the concerned bank at least three (03) days before the commencement of the Training Workshop. No participant under the target group/level is allowed to participate in any Training Workshop.

b. As per the decision of the BIBM Governing Board, BIBM Member Banks (except Bangladesh Bank) are required to pay BDT 1500 per day per participant including holidays (if any) as training fees which also include Accommodation, Food, and other miscellaneous expenses. However, for Bangladesh Bank, the fee is BDT 500 per day per participant. All Fees are excluding VAT and Tax. 

c. The pay order/bank draft drawn in favor of ‘Bangladesh Institute of Bank Management’ has to be sent at least seven (07) days prior to the commencement of the Training Workshop.

d. The Training for each day will be as follows:

1st Session: 1005-1105

Refreshment: 1105-1130       

2nd Session: 1130-1230

Break: 1230-1235

3rd Session: 1235-1335

Lunch & Prayer Break: 1335-1430

4th Session: 1430-1530

Tea Break: 1530-1600

5th Session 1600-1700