BMI Holds AML-CTF Course

EghtesadOnline: Bank Melli Iran has organized a two-day course for training educators in the field of anti-money laundering and combating terrorist financing, the bank’s official website announced.

News ID: ۷۷۸۴۳۴

16 August 2017

The course, which concludes on Aug. 16, would discuss issues such as meeting the standards of Financial Action Task Force and International Monetary Fund, understanding “Know Your Customers” concepts, comprehending anti-money laundering techniques, learning to file “Currency Transaction Report” and identifying suspicious transactions and their links with bank instruments and money laundering cases in Iran and the world. BMI had previously held an introductory session on these subjects for all its employees. The supplementary lecture for this specialty includes 38 selected faculty members from across the country. Participants in this course will provide training to other qualified staff. BMI is the largest commercial bank of Iran with over 3,300 domestic branches and 43,000 employees, Financial Tribune reported.