Foreign Minister Dipu Moni has said her government has built a robust legal and regulatory mechanism ‘almost from the scratch’ to counter terrorism.
In doing so, she said, they had been mindful of different international obligations while making no compromise with national sovereignty and interests.
The minister was inaugurating a workshop on Tuesday for public officials about the compliance requirements under UN Security Council resolutions on combating terrorism and financing of terrorism.
The Ministry of Foreign Affairs in collaboration with the Bangladesh Financial Intelligence Unit (BFIU) within the Bangladesh Bank organised the workshop.
Moni said it was a matter of personal conviction for Prime Minister Sheikh Hasina that “Bangladesh would not be allowed to be used as a sanctuary for terrorism”.
Bangladesh Bank Governor Atiur Rahman, Foreign Secretary Md Shahidul Haque, and heads of diplomatic missions in Dhaka attended the programme.
The day-long workshop discussed the progress made in the past four and a half years to enhance Bangladesh’s compliance with the Financial Action Task Force (FATF) recommendations.
Bangladesh was compliant with only two key FATF recommendations in 2010, but now it became compliant with 14 out of 16 core recommendations.
The FATF recommendations are internationally recongised financial sector standards that are based on the provisions of the concerned UN Security Council Resolutions on combating financing of terrorism and financing of proliferation of weapons of mass destruction.
Bangladesh is currently under a FATF review process and is expected to graduate from this process by the end of the year, according to the Ministry of Foreign Affairs.