BFIU
The Bangladesh Financial Intelligence Unit is the country's financial intelligence unit. It collects, analyses, and disseminates suspicious transaction reports and supervises reporting organisations.
South Asia · Country coverage
AML/CTF Compliance in Bangladesh
Bangladesh regulates AML/CTF through BFIU and the Money Laundering Prevention Act, 2012. See the obligations and how MemberCheck supports them.
Last updated
Screening coverage for Bangladesh
- Sanctions & PEP screening
- Adverse media checks
- Customer identity verification
- Jurisdiction risk checks
- Ongoing monitoring
Key facts
AML supervisor / FIUBFIU (Bangladesh Financial Intelligence Unit)
FATF statusAPG member (FATF-style body)
Primary legislationMoney Laundering Prevention Act, 2012
Overview
AML/CTF compliance in Bangladesh.
Bangladesh has built its AML/CTF regime around BFIU, its financial intelligence unit, and the Money Laundering Prevention Act, 2012, which sets the core obligations for banks, financial institutions, and other reporting organisations.
Reporting organisations must run customer due diligence, identify beneficial owners, keep records, monitor transactions, and report suspicious activity to BFIU. Supervisors expect a risk-based compliance framework backed by ongoing monitoring and staff training.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
Regulation
All solutions →Key laws and regulators.
Money Laundering Prevention Act, 2012
Bangladesh's principal AML statute. It sets customer due diligence, record-keeping, and reporting duties for banks, financial institutions, and other reporting organisations.
Asia/Pacific Group on Money Laundering (APG)
As an APG member, Bangladesh participates in a FATF-style regional body and aligns its regime with the international AML/CTF standards.
Obligations
What regulated businesses must do.
- Customer due diligence and KYC on customers and beneficial owners
- Identify and verify beneficial ownership
- File suspicious transaction reports (STRs) with BFIU
- Ongoing monitoring of customer transactions
- Conduct money laundering and terrorist financing risk assessments
- Staff training and record keeping
1,000+
Global watchlists screened
<1s
Average screening response
24h
Watchlist refresh cycle
195
Countries covered
FAQ
Common questions.
Who supervises AML/CTF in Bangladesh?
BFIU, the Bangladesh Financial Intelligence Unit, is the country's financial intelligence unit. It receives and analyses suspicious transaction reports and supervises reporting organisations.
What is the main AML law in Bangladesh?
The Money Laundering Prevention Act, 2012 is Bangladesh's principal AML statute, setting customer due diligence, record-keeping, and reporting obligations.
Is Bangladesh a member of FATF?
Bangladesh is a member of the Asia/Pacific Group on Money Laundering (APG), a FATF-style regional body, and aligns its regime with FATF standards.
How does MemberCheck support AML compliance in Bangladesh?
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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