Monday, 6th July 2026
Khaborwala Online Desk
Published: 14th March 2025, 5:08 AM
Bangladesh Bank has established four new departments aimed at preventing money laundering and terrorist financing.
The central bank issued a circular today announcing the formation of the Money Laundering and Terrorist Financing Prevention Department, Bank Inspection Department-9, Inspection Compliance Department, and the Islamic Banking Regulations and Policy Department.
Previously, the Bangladesh Financial Intelligence Unit (BFIU) was solely responsible for handling money laundering and terrorist financing cases.
The creation of these new departments signals an intensified effort by Bangladesh Bank to enhance regulatory compliance and financial security in the country.
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