Bangladesh Financial Intelligence Unit


Bangladesh Financial Intelligence Unit is Bangladesh Government agency responsible for investigating money laundering, Suspicious Transaction, and Cash Transaction Reports. The unit works under Bangladesh bank. Razee Hassan is the chief of Bangladesh Financial Intelligence Unit.

History

The unit was founded as the Anti-Money Laundering Department of Bangladesh Bank on June 2002. The name of the department was changed to Bangladesh Financial Intelligence Unit on 25 January 2012 through the Money Laundering Prevention Act, 2012. Asia/Pacific Group on Money Laundering recommended the government to form the unit. In 2015 the Government of Bangladesh announced plans to provide autonomy to the unit. In 2016 Bangladesh Bank confirmed the unit has been made autonomous.