The main function of AML Unit is to protect Social Islami Bank Limited (SIBL) from tribulations of money laundering and terrorist financing. It preserves important role to maintain liaison among Bangladesh Financial Intelligence Unit (BFIU), Central Compliance Unit (CCU) and branches. It ensures the compliance of the directives of BFIU issued from time-to-time and also ensures the implementation of necessary guidelines and code of conduct formulated by Bangladesh Bank as per Money Laundering Prevention Ordinance 2012, Anti-terrorism Act 2009 and Anti Terrorism (Amendment) Ordinance 2012.
A Central Compliance Unit (CCU) has been working at Head Office, where a Senior Executive is nominated as Chief Anti Money Laundering Compliance Officer (CAMALCO) and Branch Compliance units (BCU) have been working at branches, where the operation managers/second officers have been nominated as Branch Anti Money Laundering Compliance Officers (BAMALCO) as per directives of Bangladesh Bank. The Zonal Head of our Chittagong Zonal Office, Agrabad, Chittagong is nominated as Deputy Chief Anti Money Laundering Compliance Officer (Deputy CAMALCO).
The re-structured formation of the Central Compliance Unit (CCU) of Prevention of Money Laundering and Terrorist Financing of our Bank are as follows.