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ASIA · SOUTHERN ASIA

Bangladesh

FATF public-list status No FATF public-list status
Assessment network
Profile Changed 2026-10-05
Profile sections

Overview

Regulatory TimelineTrack FATF / FSRB and FIU-network participation alongside FATF public-list status and national regulatory activity over time.
APGRegional / assessment body
Member · since 27.02.1997
Egmont GroupFIU network
FIU member · since 03.07.2013
FATF public-list status & assessments
Not publicly listed · 2 assessment milestones
Local regulatory activity
16 local changes
19972000201020202026
Regulatory history timeline
Bars show verified participation periods. Diamonds mark MER / FUR assessment milestones. FATF public-list bands show status history. Local markers show regulatory changes, with marker size reflecting change density.
Jurisdiction framework
AML FrameworkNational / regional framework

Bangladesh’s modern AML/CFT framework is anchored in the Money Laundering Prevention Act 2012, the Anti-Terrorism Act 2009 and implementing rules/circulars issued through Bangladesh Bank and the Bangladesh Financial Intelligence Unit (BFIU). The mapped primary-source layer distinguishes the 2012 statutory framework from later sector instructions and 2026 e-KYC updates.

FATF Recommendations remain the international baseline; the cited national or regional framework controls the legal obligation.
CDD & Beneficial OwnershipCustomer / entity controls

Beneficial-owner identification is embedded in Bangladesh’s CDD framework and is supported by dedicated BFIU beneficial-ownership guidance. The Deep profile maps that legal/guidance layer separately from questions of registry coverage and practical effectiveness rather than treating a BO definition as proof of complete transparency.

Ownership, control, verification, PEP/EDD and registry rules are jurisdiction-specific. A 25% beneficial-ownership threshold is not a universal AML rule.
Monitoring & ReportingOngoing controls and FIU reporting

BFIU circulars impose sector-specific CDD, monitoring, STR/SAR and CTR requirements across banks, financial institutions, insurance, capital-market intermediaries, money changers, mobile financial services and DNFBPs. The 2026 circular set also updates transaction-monitoring and e-KYC implementation.

Monitoring, screening, periodic review, escalation and suspicious reporting should be read against the applicable supervisor and primary rule.

Compliance Calendar3

Supervisor-driven obligations
1
Requirement Cash Transaction Reporting (CTR)
Authority / Report toBFIU
Timing statusNo public due date or filing cycle verified.

Requirement

Subject scope
Reporting organisations within the BFIU cash-transaction reporting regime.
Trigger
Reportable cash transactions under the operative BFIU threshold/circular.
Filing channel
BFIU reporting infrastructure.

Impact

Consequences of non-compliance
Late/non-reporting may lead to BFIU/supervisory enforcement under the AML framework.
Enforcement authority
BFIU / relevant supervisor
Operational impact
Do not continue the cancelled January–February 2026 weekly CTR cadence. Keep current CTR configuration tied to BFIU Circular No. 26 and any later operative instruction.
Event-driven obligations
2
Requirement Related-account notification after a BFIU freezing order
Authority / Report toBangladesh Financial Intelligence Unit (BFIU)
Deadline / triggerImmediately notify BFIU of the frozen account and information on other related accounts.

Requirement

Subject scope
Reporting organisations receiving an account-freezing order from the Bangladesh Financial Intelligence Unit.
Trigger
Receipt of a BFIU order freezing an account.
Filing channel
Notification to BFIU under Circular Letter No. 5; the mapped source does not specify a separate electronic channel.

Impact

Consequences of non-compliance
Failure to follow BFIU directions may trigger consequences under the applicable AML/CFT statutory and supervisory framework.
Enforcement authority
BFIU / relevant supervisor
Operational impact
Freezing-order procedures should include immediate related-account identification and escalation to BFIU, rather than treating the named frozen account as the only reporting object.
Requirement Suspicious Transaction / Activity Report (STR/SAR)
Authority / Report toBangladesh Financial Intelligence Unit (BFIU)
Deadline / triggerReport in accordance with the current BFIU STR/SAR guidance. No universal day-count is verified in mapped sources.

Requirement

Subject scope
Reporting organisations under the Money Laundering Prevention Act and BFIU circular/guidance framework.
Trigger
Suspicion is identified under the applicable BFIU reporting standard.
Filing channel
BFIU electronic/reporting process under current guidance.

Impact

Consequences of non-compliance
Failure to report can trigger AML statutory and supervisory consequences; exact penalty depends on the duty and reporter.
Enforcement authority
BFIU / relevant supervisor
Operational impact
Institutions should map internal suspicion decisioning to the current BFIU reporting instruction rather than rely on legacy circular summaries.

Authorities & FIU1

Authority / issuing bodyNational AML/CFT evidence chain
Jurisdiction updatesRegulatory updates

FATF Assessment

FATF Compliance & Effectiveness
Technical Compliance40 FATF Recommendations
Ratings updated 2020-12 · via FUR

Measures how fully the jurisdiction has implemented FATF’s technical requirements. It does not measure practical effectiveness.

C8Compliant

Requirements met.

LC27Largely compliant

Only minor shortcomings.

PC5Partially compliant

Moderate shortcomings.

NC0Non-compliant

Major shortcomings.

NA0Not applicable

The requirement does not apply because of structural, legal or institutional features of the jurisdiction.

Effectiveness11 Immediate Outcomes
Ratings from MER 2016-11

Measures whether the AML/CFT system achieves its intended results in practice. Follow-up reports do not normally replace these ratings.

HE0High effectiveness

The outcome is achieved to a very large extent; only minor improvements are needed.

SE3Substantial effectiveness

The outcome is achieved to a large extent; moderate improvements are needed.

ME4Moderate effectiveness

The outcome is achieved to some extent; major improvements are needed.

LE4Low effectiveness

The outcome is not achieved, or only to a negligible extent; fundamental improvements are needed.

Explore 40 FATF RecommendationsSee every Technical Compliance rating and what it means.
C · CompliantRequirements met.
LC · Largely compliantOnly minor shortcomings.
PC · Partially compliantModerate shortcomings.
NC · Non-compliantMajor shortcomings.
N/A · Not applicableThe requirement does not apply because of structural, legal or institutional features of the jurisdiction.
AML/CFT Policies and Coordination
R.1
Assessing Risks and Applying a Risk-Based Approach
PCPartially compliantModerate shortcomings.
R.2
National cooperation and coordination
LCLargely compliantOnly minor shortcomings.
Money Laundering and Confiscation
R.3
Money laundering offence
LCLargely compliantOnly minor shortcomings.
R.4
Confiscation and provisional measures
LCLargely compliantOnly minor shortcomings.
Terrorist Financing and Financing of Proliferation
R.5
Terrorist financing offence
LCLargely compliantOnly minor shortcomings.
R.6
Targeted financial sanctions related to terrorism & terrorist financing
CCompliantRequirements met.
R.7
Targeted financial sanctions related to proliferation
LCLargely compliantOnly minor shortcomings.
R.8
Non-profit organisations
LCLargely compliantOnly minor shortcomings.
Preventive Measures
R.9
Financial institution secrecy laws
LCLargely compliantOnly minor shortcomings.
R.10
Customer due diligence
LCLargely compliantOnly minor shortcomings.
R.11
Record keeping
CCompliantRequirements met.
R.12
Politically exposed persons
LCLargely compliantOnly minor shortcomings.
R.13
Correspondent banking
LCLargely compliantOnly minor shortcomings.
R.14
Money or value transfer services
LCLargely compliantOnly minor shortcomings.
R.15
New technologies
PCPartially compliantModerate shortcomings.
R.16
Wire transfers
CCompliantRequirements met.
R.17
Reliance on third parties
LCLargely compliantOnly minor shortcomings.
R.18
Internal controls and foreign branches and subsidiaries
CCompliantRequirements met.
R.19
Higher-risk countries
LCLargely compliantOnly minor shortcomings.
R.20
Reporting of suspicious transactions
CCompliantRequirements met.
R.21
Tipping-off and confidentiality
CCompliantRequirements met.
R.22
DNFBPs: Customer due diligence
LCLargely compliantOnly minor shortcomings.
R.23
DNFBPs: Other measures
LCLargely compliantOnly minor shortcomings.
Transparency and Beneficial Ownership of Legal Persons and Arrangements
R.24
Transparency and beneficial ownership of legal persons
PCPartially compliantModerate shortcomings.
R.25
Transparency and beneficial ownership of legal arrangements
PCPartially compliantModerate shortcomings.
Powers and Responsibilities of Competent Authorities and Other Institutional Measures
R.26
Regulation and supervision of financial institutions
LCLargely compliantOnly minor shortcomings.
R.27
Powers of supervisors
LCLargely compliantOnly minor shortcomings.
R.28
Regulation and supervision of DNFBPs
LCLargely compliantOnly minor shortcomings.
R.29
Financial intelligence units
LCLargely compliantOnly minor shortcomings.
R.30
Responsibilities of law enforcement and investigative authorities
CCompliantRequirements met.
R.31
Powers of law enforcement and investigative authorities
LCLargely compliantOnly minor shortcomings.
R.32
Cash couriers
LCLargely compliantOnly minor shortcomings.
R.33
Statistics
CCompliantRequirements met.
R.34
Guidance and feedback
LCLargely compliantOnly minor shortcomings.
R.35
Sanctions
PCPartially compliantModerate shortcomings.
International Cooperation
R.36
International instruments
LCLargely compliantOnly minor shortcomings.
R.37
Mutual legal assistance
LCLargely compliantOnly minor shortcomings.
R.38
Mutual legal assistance: freezing and confiscation
LCLargely compliantOnly minor shortcomings.
R.39
Extradition
LCLargely compliantOnly minor shortcomings.
R.40
Other forms of international cooperation
LCLargely compliantOnly minor shortcomings.
Explore 11 Immediate OutcomesSee how FATF rates whether the AML/CFT system works in practice.
HE · High effectivenessThe outcome is achieved to a very large extent; only minor improvements are needed.
SE · Substantial effectivenessThe outcome is achieved to a large extent; moderate improvements are needed.
ME · Moderate effectivenessThe outcome is achieved to some extent; major improvements are needed.
LE · Low effectivenessThe outcome is not achieved, or only to a negligible extent; fundamental improvements are needed.
IO1
Risk understanding & national coordination

Money laundering and terrorist financing risks are understood and, where appropriate, actions co-ordinated domestically to combat money laundering and the financing of terrorism and proliferation.

MEModerate effectivenessThe outcome is achieved to some extent; major improvements are needed.
IO2
International cooperation

International co-operation delivers appropriate information, financial intelligence, and evidence, and facilitates action against criminals and their assets.

SESubstantial effectivenessThe outcome is achieved to a large extent; moderate improvements are needed.
IO3
AML/CFT supervision

Supervisors appropriately supervise, monitor and regulate financial institutions, DNFBPs and VASPs for compliance with AML/CFT requirements commensurate with their risks.

MEModerate effectivenessThe outcome is achieved to some extent; major improvements are needed.
IO4
Preventive measures & suspicious reporting

Financial institutions, DNFBPs and VASPs adequately apply AML/CFT preventive measures commensurate with their risks, and report suspicious transactions.

LELow effectivenessThe outcome is not achieved, or only to a negligible extent; fundamental improvements are needed.
IO5
Beneficial ownership transparency

Legal persons and arrangements are prevented from misuse for money laundering or terrorist financing, and information on their beneficial ownership is available to competent authorities without impediments.

LELow effectivenessThe outcome is not achieved, or only to a negligible extent; fundamental improvements are needed.
IO6
Use of financial intelligence

Financial intelligence and all other relevant information are appropriately used by competent authorities for money laundering and terrorist financing investigations.

MEModerate effectivenessThe outcome is achieved to some extent; major improvements are needed.
IO7
Money laundering investigation & prosecution

Money laundering offences and activities are investigated and offenders are prosecuted and subject to effective, proportionate and dissuasive sanctions.

LELow effectivenessThe outcome is not achieved, or only to a negligible extent; fundamental improvements are needed.
IO8
Confiscation & asset recovery

Proceeds and instrumentalities of crime are confiscated.

LELow effectivenessThe outcome is not achieved, or only to a negligible extent; fundamental improvements are needed.
IO9
Terrorist financing investigation & prosecution

Terrorist financing offences and activities are investigated and persons who finance terrorism are prosecuted and subject to effective, proportionate and dissuasive sanctions.

SESubstantial effectivenessThe outcome is achieved to a large extent; moderate improvements are needed.
IO10
Terrorist financing prevention & NPO protection

Terrorists, terrorist organisations and terrorist financiers are prevented from raising, moving and using funds, and from abusing the NPO sector.

MEModerate effectivenessThe outcome is achieved to some extent; major improvements are needed.
IO11
Proliferation financing financial sanctions

Persons and entities involved in the proliferation of weapons of mass destruction are prevented from raising, moving and using funds, consistent with the relevant UNSCRs.

SESubstantial effectivenessThe outcome is achieved to a large extent; moderate improvements are needed.
Official FATF consolidated ratings · 2013 Methodology

Regulatory Timeline45

LOCAL changes 16
GLOBAL milestones 29
National history from27.02.1997
202610 events
30.09.2026
LOCALGuidanceBangladesh Financial Intelligence Unit
BFIU Circular No. 33: Instructions to be followed by NGO/NPOs for the prevention of money laundering, terrorist financing and proliferation financing

Bangladesh Financial Intelligence Unit issued Circular No. 33 on 30 September 2026 with AML/CFT/CPF instructions for NGOs and NPOs.

Effective not specifiedOpen update ↗
24.09.2026
LOCALGuidanceBangladesh Financial Intelligence UnitPayments / EMI / Money Transfer
BFIU Circular No. 32: Instructions to be followed by PSP/PSO for the prevention of money laundering, terrorist financing and proliferation financing

Bangladesh Financial Intelligence Unit issued Circular No. 32 setting AML/CFT/CPF instructions for payment service providers and payment system operators (PSP/PSO).

Effective not specifiedOpen update ↗
15.09.2026
LOCALGuidanceBangladesh Financial Intelligence UnitSecurities / Investment
BFIU Circular No. 31: Instructions to be followed by Capital market Intermediaries for prevention of money laundering, terrorist financing and proliferation financing

Bangladesh Financial Intelligence Unit issued Circular No. 31 setting AML/CFT/CPF instructions for capital market intermediaries.

Effective not specifiedOpen update ↗
18.08.2026
LOCALGuidanceBangladesh Financial Intelligence UnitPayments / EMI / Money Transfer
BFIU Circular No. 30: Instructions to be followed by Money Changers to comply with the provisions contained in MLPA, 2012 & ATA, 2009

Bangladesh Financial Intelligence Unit issued Circular No. 30 on 18 August 2026 with updated instructions for money changers under the Money Laundering Prevention Act 2012 and Anti-Terrorism Act 2009.

Effective not specifiedOpen update ↗
30.03.2026
LOCALGuidanceBangladesh Financial Intelligence UnitInsuranceSecurities / Investment
BFIU issues updated e-KYC guidance for insurance and capital-market intermediaries

BFIU Circular No. 29 updates the electronic KYC implementation layer for insurance companies and capital-market intermediaries.

Effective 30.03.2026Open update ↗
26.02.2026
LOCALReporting changeBangladesh Financial Intelligence UnitBanking / Credit Institutions
BFIU Circular Letter No. 04: Cancellation of BFIU Circular Letter No. 1

BFIU Circular Letter No. 04 cancelled Circular Letter No. 01 and ended the temporary weekly CTR filing instruction for scheduled banks.

Effective 01.03.2026Open update ↗
05.02.2026
LOCALGuidanceBangladesh Financial Intelligence UnitBanking / Credit Institutions
BFIU Circular Letter No. 02: Instructions for the Scheduled Banks for the Enforcement of Transaction Monitoring System

BFIU issued Circular Letter No. 02 to scheduled banks to strengthen transaction-monitoring arrangements and, where necessary, promptly report suspicious transactions or activities.

Effective not specifiedOpen update ↗
05.02.2026
LOCALGuidanceBangladesh Financial Intelligence UnitPayments / EMI / Money Transfer
BFIU Circular Letter No. 03: Instructions for the MFS for the Enforcement of Transaction Monitoring System

BFIU issued Circular Letter No. 03 to mobile financial service providers to strengthen transaction monitoring, including monitoring of agents, distributors and merchant-operated transactions, and to promptly report suspicious activity where required.

Effective not specifiedOpen update ↗
08.01.2026
LOCALReporting changeBangladesh Financial Intelligence UnitBanking / Credit Institutions
BFIU Circular Letter No. 01: instructions to be followed by the Scheduled Banks regarding submission of Cash Transaction Report (CTR)

BFIU Circular Letter No. 01 changed the cash-transaction-reporting cadence for scheduled banks to weekly reporting, with each weekly CTR to be submitted within three working days of the following week.

Effective 11.01.2026Open update ↗
20252 events
18.06.2025
GLOBALGlobal standardPayment transparencyFATFBanking / Credit InstitutionsPayments / EMI / Money Transfer
FATF updates Standards on Recommendation 16 on Payment Transparency

FATF revised Recommendation 16 to standardise payment information and strengthen fraud/error controls in cross-border payments.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Published 18.06.2025 · Future-effective global standard · Country implementation is separateOpen update ↗
25.02.2025
GLOBALGlobal standardRisk-based approach / financial inclusionFATF
FATF updates Standards and consults on guidance to better promote financial inclusion

FATF amended Recommendation 1 and related interpretive material to strengthen proportionality and simplified measures under the risk-based approach.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 25.02.2025 · Country implementation/status is separateOpen update ↗
20232 events
27.10.2023
GLOBALGlobal standardAsset recoveryFATF
FATF strengthens global asset-recovery and confiscation standards

FATF revised Recommendations 4, 30, 31 and 38 and related interpretive material to make asset recovery a stronger operational priority, expand tools to trace and confiscate criminal property and improve domestic and international cooperation.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 27.10.2023 · Country implementation/status is separateOpen update ↗
24.02.2023
GLOBALGlobal standardBeneficial ownershipFATF
FATF strengthens beneficial-ownership transparency for trusts and legal arrangements

At its February 2023 Plenary FATF revised Recommendation 25 and its Interpretive Note to strengthen transparency and beneficial-ownership requirements for trusts and similar legal arrangements, complementing the 2022 strengthening of Recommendation 24 for legal persons.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 24.02.2023 · Country implementation/status is separateOpen update ↗
20221 event
04.03.2022
GLOBALGlobal standardBeneficial ownershipFATF
FATF Recommendation 24 — beneficial ownership of legal persons

FATF strengthened Recommendation 24 on beneficial ownership transparency for legal persons.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 04.03.2022 · Country implementation/status is separateOpen update ↗
20202 events
23.10.2020
GLOBALGlobal standardPFFATF
FATF requires proliferation-financing risk assessment and mitigation

FATF amended Recommendations 1 and 2 and their Interpretive Notes so countries and covered private-sector entities must identify, assess and mitigate risks of breaches, non-implementation or evasion of proliferation-related targeted financial sanctions.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 23.10.2020 · Country implementation/status is separateOpen update ↗
02.07.2020
GLOBALSupervisory standardSupervisory cooperation
Basel Committee strengthens cooperation between prudential and AML/CFT supervisors

The Basel Committee revised its ML/TF risk-management guidelines to add principles for information exchange and cooperation between prudential and AML/CFT supervisors in authorisation, ongoing supervision and enforcement.

COUNTRY APPLICABILITYNon-binding global benchmark

A Basel supervisory publication does not become domestic law merely because it is GLOBAL. National adoption, supervisory use or incorporation must be evidenced by a LOCAL milestone or source.

Basel Committee on Banking Supervision ↗
Global supervisory benchmark · 02.07.2020 · Domestic adoption is separateOpen update ↗
20191 event
21.06.2019
GLOBALGlobal standardVirtual assets / Travel RuleFATF
FATF adopts the R.15 Interpretive Note and applies the Travel Rule framework to VASPs

FATF adopted detailed implementation requirements for virtual assets and VASPs in June 2019, including the application of wire-transfer information requirements commonly described as the Travel Rule. This operationalised the virtual-asset perimeter introduced through the 2018 Recommendation 15 revision.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 21.06.2019 · Country implementation/status is separateOpen update ↗
20181 event
19.10.2018
GLOBALGlobal standardVirtual assets / VASPsFATF
FATF Recommendation 15 is revised for virtual assets and VASPs

In October 2018 FATF revised Recommendation 15 and added the definitions of virtual asset and virtual asset service provider, formally bringing virtual-asset activity into the global AML/CFT standards architecture. Detailed implementation requirements followed in 2019.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 19.10.2018 · Country implementation/status is separateOpen update ↗
20142 events
15.01.2014
GLOBALSupervisory standardBank supervision
Basel Committee integrates ML/TF risk into banks’ overall risk-management framework

The Basel Committee issued Sound management of risks related to money laundering and financing of terrorism, superseding its 2001 CDD and 2004 consolidated KYC papers and integrating ML/TF risk management with prudential supervisory expectations.

COUNTRY APPLICABILITYNon-binding global benchmark

A Basel supervisory publication does not become domestic law merely because it is GLOBAL. National adoption, supervisory use or incorporation must be evidenced by a LOCAL milestone or source.

Basel Committee on Banking Supervision ↗
Global supervisory benchmark · 15.01.2014 · Domestic adoption is separateOpen update ↗
20131 event
03.07.2013
LOCALStatus changeBanking / Credit Institutions
Bangladesh FIU admitted to the Egmont Group

The Egmont Group's official Member FIU Information register records Bangladesh's FIU admission date as 2013-07-03.

Relationship state from 03.07.2013Open update ↗
20122 events
16.02.2012
GLOBALGlobal standardAML/CFT/CPF standardsFATF
International Standards on Combating Money Laundering and the Financing of Terrorism & Proliferation

FATF adopted a consolidated revised set of 40 Recommendations integrating AML, CFT and proliferation-financing safeguards.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 16.02.2012 · Country implementation/status is separateOpen update ↗
20101 event
20062 events
23.12.2006
GLOBALUNSC · bindingPF / TFS
UN Security Council Resolution 1737 establishes Iran proliferation-related asset-freeze measures

Resolution 1737 imposed binding measures concerning Iran’s proliferation-sensitive nuclear activities, including an asset freeze on designated individuals and entities. Together with the DPRK regime, it forms a foundational UN counter-proliferation targeted-financial-sanctions architecture.

CURRENT CHARTER RELATIONSHIPUN Member State · Article 25 obligation

UN Members agree to accept and carry out Security Council decisions. This current Charter relationship is not proof of the jurisdiction’s domestic implementation, nor a claim about its membership status on the historical event date.

UN Charter · Article 25 ↗
Binding UNSC architecture · 23.12.2006 · National implementation is separateOpen update ↗
14.10.2006
GLOBALUNSC · bindingPF / TFS
UN Security Council Resolution 1718 establishes DPRK proliferation-related asset-freeze measures

Following the DPRK nuclear test, Resolution 1718 imposed binding sanctions including an asset freeze on designated persons and entities connected to the nuclear programme. It became a central UN targeted-financial-sanctions pillar for counter-proliferation financing.

CURRENT CHARTER RELATIONSHIPUN Member State · Article 25 obligation

UN Members agree to accept and carry out Security Council decisions. This current Charter relationship is not proof of the jurisdiction’s domestic implementation, nor a claim about its membership status on the historical event date.

UN Charter · Article 25 ↗
Binding UNSC architecture · 14.10.2006 · National implementation is separateOpen update ↗
20042 events
2004-10
GLOBALGlobal standardCFT / cash couriersFATF
FATF Ninth Special Recommendation

FATF added a ninth Special Recommendation addressing cash couriers and cross-border movement of currency.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 2004-10 · Country implementation/status is separateOpen update ↗
28.04.2004
GLOBALUNSC · bindingPF / WMD controls
UN Security Council Resolution 1540 creates binding global WMD-proliferation control duties

Resolution 1540 requires all States to adopt and enforce laws and domestic controls to prevent non-State actors from acquiring or using weapons of mass destruction and related materials. It forms a binding global legal pillar of the proliferation-financing control environment later reflected in FATF CPF standards.

CURRENT CHARTER RELATIONSHIPUN Member State · Article 25 obligation

UN Members agree to accept and carry out Security Council decisions. This current Charter relationship is not proof of the jurisdiction’s domestic implementation, nor a claim about its membership status on the historical event date.

UN Charter · Article 25 ↗
Binding UNSC architecture · 28.04.2004 · National implementation is separateOpen update ↗
20032 events
31.10.2003
GLOBALTreatyML / asset recovery
UNCAC adds a universal anti-corruption, laundering and asset-recovery treaty layer

The UN General Assembly adopted the United Nations Convention against Corruption on 31 October 2003. UNCAC addresses prevention of money laundering, laundering of corruption proceeds, confiscation and a dedicated asset-recovery framework; the Convention entered into force globally on 14 December 2005.

CURRENT TREATY STATUSParty

Current UN depositary relationship to 2003 UN Convention against Corruption. This is not a claim that the jurisdiction was already a Party on the GLOBAL event date; the national accession/ratification date is a separate LOCAL/STATUS fact.

UN Treaty Collection ↗
Treaty adopted 31.10.2003 · Global entry into force 14.12.2005 · Country treaty status is separateOpen update ↗
2003-06
GLOBALGlobal standardAML/CFT standardsFATF
The FATF Recommendations — 2003 revision

FATF comprehensively revised its AML/CFT Recommendations, strengthening preventive measures and extending coverage.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 2003-06 · Country implementation/status is separateOpen update ↗
20021 event
20013 events
04.10.2001
GLOBALSupervisory standardCDD / KYC
Basel Committee establishes a global customer-due-diligence benchmark for banks

The Basel Committee issued Customer due diligence for banks, setting minimum supervisory expectations for customer acceptance, identification, ongoing monitoring and risk management. It became an influential global banking KYC/CDD benchmark and was later reflected in FATF standards.

COUNTRY APPLICABILITYNon-binding global benchmark

A Basel supervisory publication does not become domestic law merely because it is GLOBAL. National adoption, supervisory use or incorporation must be evidenced by a LOCAL milestone or source.

Basel Committee on Banking Supervision ↗
Global supervisory benchmark · 04.10.2001 · Domestic adoption is separateOpen update ↗
2001-10
GLOBALGlobal standardCFTFATF
FATF Special Recommendations on Terrorist Financing

FATF expanded its standards to terrorist financing through eight Special Recommendations.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 2001-10 · Country implementation/status is separateOpen update ↗
28.09.2001
GLOBALUNSC · bindingCFT / TFS
UN Security Council Resolution 1373 imposes binding CFT and freezing duties on all States

Resolution 1373 requires all States to prevent and suppress terrorist financing, criminalise the provision or collection of funds for terrorist acts, freeze terrorist assets without delay and prohibit making funds or financial services available to terrorists and related entities.

CURRENT CHARTER RELATIONSHIPUN Member State · Article 25 obligation

UN Members agree to accept and carry out Security Council decisions. This current Charter relationship is not proof of the jurisdiction’s domestic implementation, nor a claim about its membership status on the historical event date.

UN Charter · Article 25 ↗
Binding UNSC architecture · 28.09.2001 · National implementation is separateOpen update ↗
20001 event
15.11.2000
GLOBALTreatyML / organised crime
Palermo Convention broadens the international money-laundering framework beyond drug trafficking

The Palermo Convention was adopted on 15 November 2000 and broadened the international money-laundering framework beyond drug proceeds through criminalisation and preventive measures tied to transnational organised crime. It entered into force globally on 29 September 2003.

CURRENT TREATY STATUSParty

Current UN depositary relationship to 2000 Palermo Convention. This is not a claim that the jurisdiction was already a Party on the GLOBAL event date; the national accession/ratification date is a separate LOCAL/STATUS fact.

UN Treaty Collection ↗
Treaty adopted 15.11.2000 · Global entry into force 29.09.2003 · Country treaty status is separateOpen update ↗
19992 events
09.12.1999
GLOBALTreatyCFT
UN Terrorist Financing Convention establishes a treaty-level CFT framework

The UN General Assembly adopted the International Convention for the Suppression of the Financing of Terrorism on 9 December 1999, creating the treaty framework for criminalising terrorist financing and international cooperation. It entered into force globally on 10 April 2002.

CURRENT TREATY STATUSParty

Current UN depositary relationship to 1999 Terrorist Financing Convention. This is not a claim that the jurisdiction was already a Party on the GLOBAL event date; the national accession/ratification date is a separate LOCAL/STATUS fact.

UN Treaty Collection ↗
Treaty adopted 09.12.1999 · Global entry into force 10.04.2002 · Country treaty status is separateOpen update ↗
15.10.1999
GLOBALUNSC · bindingTFS
UN Security Council Resolution 1267 establishes a targeted asset-freeze regime

Resolution 1267 imposed an assets freeze and other targeted sanctions in the Taliban context and created the Security Council committee that became the foundation of the UN 1267 sanctions architecture. It is a key global precursor to modern terrorist-financing targeted financial sanctions.

CURRENT CHARTER RELATIONSHIPUN Member State · Article 25 obligation

UN Members agree to accept and carry out Security Council decisions. This current Charter relationship is not proof of the jurisdiction’s domestic implementation, nor a claim about its membership status on the historical event date.

UN Charter · Article 25 ↗
Binding UNSC architecture · 15.10.1999 · National implementation is separateOpen update ↗
19971 event
27.02.1997
LOCALStatus changeAPGBanking / Credit Institutions
Bangladesh becomes a founding APG member

Bangladesh is one of the 13 founding members of the Asia/Pacific Group on Money Laundering established in Bangkok on 27 February 1997.

Relationship state from 27.02.1997Open update ↗
19961 event
1996
GLOBALGlobal standardAML standardsFATF
The FATF Recommendations — 1996 revision

FATF revised the Forty Recommendations to reflect evolving money-laundering methods and countermeasures.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 1996 · Country implementation/status is separateOpen update ↗
19951 event
09.06.1995
GLOBALFIU cooperationFIU cooperation
Egmont Group creates the global FIU cooperation network

Representatives of 13 financial intelligence units met in Brussels on 9 June 1995 and founded what became the Egmont Group. The milestone created the operational global network for FIU-to-FIU cooperation and exchange of financial intelligence.

CURRENT EGMONT RELATIONSHIPMember FIU · BFIU

Current profile relationship to the Egmont network. This does not imply membership in 1995; admission history is a separate LOCAL/STATUS fact.

Egmont Group · Member FIUs ↗
Global FIU cooperation infrastructure · 09.06.1995 · FIU membership is separateOpen update ↗
19901 event
1990
GLOBALGlobal standardAML standardsFATF
The Forty Recommendations of the Financial Action Task Force on Money Laundering

FATF issued its original Forty Recommendations, establishing the first global AML standard framework.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global standard · 1990 · Country implementation/status is separateOpen update ↗
19891 event
1989
GLOBALGlobal institutionGlobal standard-settingFATF
Financial Action Task Force is established by the G7

The G7 established FATF in 1989 to examine and develop measures to combat money laundering. FATF became the central global standard-setting body whose recommendations are implemented through national and regional AML/CFT frameworks.

CURRENT FATF RELATIONSHIPGlobal Network via APG

Current relationship. This is regional assessment network participation, not direct FATF membership. The GLOBAL standard remains separate from evidence of domestic implementation.

FATF Global Network ↗
Global institutional milestone · 1989 · Country membership is separateOpen update ↗
19882 events
20.12.1988
GLOBALTreatyML criminalisation
Vienna Convention creates the first treaty-level international money-laundering criminalisation baseline

The Vienna Convention was adopted on 20 December 1988 and created the first treaty-level international obligation to criminalise laundering conduct linked to drug-trafficking proceeds, alongside confiscation and international-cooperation measures. It entered into force globally on 11 November 1990.

CURRENT TREATY STATUSParty

Current UN depositary relationship to 1988 Vienna Convention. This is not a claim that the jurisdiction was already a Party on the GLOBAL event date; the national accession/ratification date is a separate LOCAL/STATUS fact.

UN Treaty Collection ↗
Treaty adopted 20.12.1988 · Global entry into force 11.11.1990 · Country treaty status is separateOpen update ↗
1988-12
GLOBALSupervisory standardBank AML / KYC
Basel Committee issues principles to prevent criminal use of banks for money laundering

The Basel Committee published a Statement of Principles for banks aimed at reducing the risk that banking institutions would be used by criminals or as channels for money laundering. This helped establish the preventive and supervisory side of AML alongside the emerging criminal-law framework.

COUNTRY APPLICABILITYNon-binding global benchmark

A Basel supervisory publication does not become domestic law merely because it is GLOBAL. National adoption, supervisory use or incorporation must be evidenced by a LOCAL milestone or source.

Basel Committee on Banking Supervision ↗
Global supervisory benchmark · 1988-12 · Domestic adoption is separateOpen update ↗

Sources & Verification15

Money Laundering Prevention Act 2012 and implementing circular frameworkBangladesh Financial Intelligence Unit · GUIDANCEBFIU establishment, statutory independence and institutional mandateBangladesh Financial Intelligence Unit · INSTITUTIONAL / REFERENCECurrent AML/CFT guidance including beneficial ownership, e-KYC, STR and TFS materialsBangladesh Financial Intelligence Unit · GUIDANCEBangladesh mutual evaluation profile and 2016 MER baselineAsia/Pacific Group on Money Laundering (APG) · ASSESSMENT / PROFILEBFIU Annual Report 2024–2025Bangladesh Financial Intelligence Unit · REPORT / PUBLICATIONFATF RecommendationsFinancial Action Task Force (FATF) · OFFICIAL SOURCEFATF Countries & Global NetworkFinancial Action Task Force (FATF) · OFFICIAL SOURCEAsia/Pacific Group on Money LaunderingFinancial Action Task Force (FATF) · OFFICIAL SOURCEEgmont Group Member FIU InformationEgmont Group of Financial Intelligence Units · INSTITUTIONAL / REFERENCEFATF consolidated assessment ratingsTechnical Compliance & Effectiveness · 2013 MethodologyMutual Evaluation Report · 2016-11Official FATF / regional assessmentFollow-Up Report · 2020-12Official follow-up / technical rating updateBFIU Circular Letter No. 01: instructions to be followed by the Scheduled Banks regarding submission of Cash Transaction Report (CTR)Bangladesh Financial Intelligence Unit · GUIDANCEBFIU Circular Letter No. 04: Cancellation of BFIU Circular Letter No. 1Bangladesh Financial Intelligence Unit · GUIDANCEBFIU Circular Letter No. 5: Reporting of Related Accounts Following BFIU Freezing OrderBangladesh Financial Intelligence Unit · GUIDANCE