UK: FCA Fines Bangladesh's Sonali Bank for AML Failings
The Financial Conduct Authority (FCA) has fined Sonali Bank (UK) Limited for failings with regard …
Bangladesh: Joint Venture Launches International Mobile Phone Remittance Service
Western Union, MasterCard, bKash and BRAC Bank have announced the launch of a new international …
Bangladesh: Mutual Evaluation Report 2016
The Asia/Pacific Group on Money Laundering (APG) has published the 2016 mutual evaluation report for …
Bangladeshi Mobile Courts To Crack Down On Cricket Gambling
Authorities in Bangladesh will set up “mobile” court rooms at cricket grounds so they can …
Correspondent Banking Plummets As De-Risking Takes Hold
The number of correspondent banking relationships worldwide has plummeted by 25 percent since 2009, with …
Bangladesh Ponders Business Incentives As Informal Remittances Thrive
Government officials and financial regulators in Bangladesh are considering introducing incentives to bolster the country’s …
Top Bangladesh Court Issues Temporary Order Allowing Gambling
Bangladesh’s highest court has stayed an order that ended gambling activities in 13 upmarket clubs …
Bangladesh Warned Over AML Enforcement Failings
Global financial crime watchdogs have identified weaknesses in Bangladesh’s enforcement of anti-money laundering (AML) laws, …
Bank Fined £3.25m Over Remittance AML Failings
The Financial Conduct Authority has taken action against a UK bank and its compliance staff …