[BAN] Countering Trade-Based Money Laundering Masterclass

Events

[BAN] Countering Trade-Based Money Laundering Masterclass

08 May 2023 to 09 May 2023
Dhaka
Bangladesh

The TSCFP is collaborating with Pakistan's Financial Monitoring Unit (FMU), along with 4 additional countries, on a pilot project aimed at countering trade-based money laundering (TBML) by improving the reporting of suspicious trade transactions. As part of the pilot, the TSCFP team conducted a two-day masterclass, May 4-5, in Karachi and Islamabad for about 250 representatives from banks, FMU staff, Customs, and law enforcement agencies. The training sessions were well-received, with FMU expressing thanks to the ADB team and international subject matter experts. The collaboration between TSCFP and FMU represents a significant step to provide capacity building with best-in-class information to address TBML in Pakistan. 

 

The Asian Development Bank’s (ADB) Trade and Supply Chain Finance Program’s Countering Trade-Based Money Laundering Masterclass is a specialized training for relevant personnel in banks, FIU, customs, and law enforcement agencies to equip them with practical skills in detecting, analyzing, and investigating TBML cases. At the same time, the two-day workshop aims to foster strategic partnerships between the public and private sectors in sharing knowledge and expertise, and in working together whether through formal or informal channels, to effectively detect and/or disrupt TBML. The Masterclass is part of the ongoing ADB-led pilot on enhanced TBML reporting which enables banks to provide more actionable intelligence to regulators and law enforcement agencies. Countries included in the pilot are: Bangladesh, Mongolia, Nepal, Pakistan, and Sri Lanka. 

The ADB TBML Masterclass in Bangladesh happening on 8-9 May 2023 at The Westin Dhaka is jointly organized with the Bangladesh Financial Intelligence Unit, a unit under the Bangladesh Bank (central bank). The ADB has engaged international subject matter experts to speak on relevant TBML topics, share best practices and tips, and facilitate interactive sessions during the workshop. 

 

Program and Learning Materials: 
Date Session / Activity Presentation Material Speaker(s)
08 May 2023 Opening Remarks  N/A Md Masud Biswas, Head, BFIU
Neha Noronha, Bangladesh TSCFP Relationship Manager, ADB
Steven Beck, Head, TSCFP, ADB
Jae Park, Assistant Legal Attaché, U.S. Embassy in Bangladesh
Md. Ziaul Hasan Mola, President/General Secretary, AACOBB
08 May 2023 TBML Overview  (Materials will NOT be uploaded after the event) Trainers:
Mr. Nathan Lynch
Mr. Gavin Coles
08 May 2023 ADB-led TBML STRs Pilot (Materials will NOT be uploaded after the event) Ms. Catherine Estrada
TBML Project Co-Lead, ADB
08 May 2023 Power of Partnerships  (Materials will NOT be uploaded after the event) Trainers
08 May 2023 Case Study: Sanctions and Proliferation Financing  (Materials will NOT be uploaded after the event) Trainers
08 May 2023 SARs/ STRs in Detail  (Materials will NOT be uploaded after the event) Trainers
08 May 2023 Country-Specific TBML Risks and Mitigation Bangladesh TBML Regulatory Regime (Materials will NOT be uploaded after the event) Trainers 

Mr. Md. Masud Rana, Additional Director, BFIU
08 May 2023 TBML Local Case Study (Materials will NOT be uploaded after the event) Mr. Muhammad Mohsin Hossaini, Additional Director, BFIU
08 May 2023 Closing Session–Recap, Q&A (Materials will NOT be uploaded after the event) Trainers
08 May 2023 Closing Speech & Thank You N/A Mr. Md. Rafiqul Islam Director, BFIU

Mr. Edimon Ginting, Country Director ADB Bangladesh Resident Mission
Date Session / Activity Presentation Material Speaker(s)
09 May 2023 Bangladesh TBML Regulatory Regime N/A Mr. Kamal Hossain, Additional Director, BFIU
09 May 2023 TBML Local Case Study (Materials will NOT be uploaded after the event) Mr. Md. Rokon-Uz-Zaman, Joint Director, BFIU
09 May 2023 Case Studies Workshop #1 (Materials will NOT be uploaded after the event) Trainers:
Mr. Nathan Lynch
Mr. Gavin Coles
09 May 2023 Best Practice Tips for FIU, Customs, & LEAs (Materials will NOT be uploaded after the event) Trainers
09 May 2023 Case Study #2 - Cross-Border Threats (Materials will NOT be uploaded after the event) Trainers
09 May 2023 Closing Session - Recap & Q&A (Materials will NOT be uploaded after the event) Trainers

Ms. Catherine Estrada, ADB

Mr. A.N.M. Kalim Uddin Hasan Tushar, BFIU
09 May 2023 Closing Remarks N/A Mr. A F M Shahinul Islam, Executive Director and Deputy Head of BFIU

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The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.