The 2025 BAMLCO Conference, organised by the Insurance Companies CAMLCO’s Association in Bangladesh (ICCAB), was held on Sunday at the head office of National Life Insurance Company in Dhaka’s Karwan Bazar, focusing on strengthening anti-money laundering (AML) practices in the insurance industry.

Md. Amir Uddin, Executive Director of the Bangladesh Bank and Deputy Chief of the Bangladesh Financial Intelligence Unit (BFIU), attended the event as the chief guest. The conference was presided over by Probir Chandra Das, FCA, Deputy Managing Director of National Life Insurance and President of ICCAB.

In his address, Amir Uddin underscored that money laundering remains a persistent obstacle to Bangladesh’s economic progress. He emphasised the need for coordinated efforts across sectors to curb financial crimes. The conference, he said, is part of an effort to empower entry-level AML officers by enhancing their understanding of regulatory frameworks and operational best practices within the insurance sector.

Probir Chandra Das noted that the initiative reflects a commitment to fostering a culture of accountability and vigilance among compliance professionals. He said the conference also aims to promote good governance and alignment with international AML standards.

The event included technical sessions featuring presentations by Md. Mashiur Rahman, Additional Director at BFIU, and Md. Anwar Parvez, Joint Director at BFIU. Discussions centred on AML laws, implementation strategies, and institutional compliance responsibilities.

Moderated by ICCAB General Secretary Moinul Hai Asif, the conference was attended by deputy CAMLCOs and entry-level AML officers from various insurance firms, as well as ICCAB executive committee members.