Regulatory Alerts2023-08-21
Added
BFIU Circular Letter No. 01: Regarding the proscription of activities of the militant group/organization 'Jama'atul Ansar Fil Hindal Sharqiya' in Bangladesh by the Government of the People's Republic of Bangladesh
The Bangladesh Financial Intelligence Unit (BFIU) directs all regulated entities, including scheduled banks, financial institutions, insurance companies, money changers, NGOs, and legal professionals, to immediately freeze any accounts belonging to the militant organization 'Jama'atul Ansar Fil Hindal Sharqiya' and to cease any business relationships with it. This directive is issued pursuant to Sections 15(1)(g) and 20(1)(x) of the Anti-Terrorism Act, 2009, following the Government of Bangladesh's official gazette notification on August 9, 2023, which banned the group's activities due to threats to national security. The instructions are effective immediately.
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Bangladesh Financial Intelligence Unit 12th Floor, 2nd Annex Building Bangladesh Bank, Head Office Motijheel, Dhaka-1000 Bangladesh.
BFIU Circular Letter No.-01 Date: 06 Bhadro 1430 21 August 2023
Managing Director/Chief Executive Officer All Scheduled Banks, Financial Institutions, Insurers, Money Changers, Any Company or Institution Remitting or Transferring Money or Monetary Value, Stock Dealers and Stock Brokers, Portfolio Managers and Merchant Bankers, Security Custodians, Asset Managers, NGOs/Non-profit Organizations/Institutions, Non-governmental Development Organizations, Cooperative Societies, Real Estate Developers, Precious Metal or Stone Business Institutions, Trusts and Company Service Providers, Lawyers, Notaries, Other Legal Professionals, and Accountants operating in Bangladesh.
Regarding the proscription of activities of the militant group/organization 'Jama'atul Ansar Fil Hindal Sharqiya' in Bangladesh by the Government of the People's Republic of Bangladesh.
Dear Sir,
In view of the fact that the activities of the militant group/organization named 'Jama'atul Ansar Fil Hindal Sharqiya' are considered a threat to national security, the Government of the People's Republic of Bangladesh has declared its activities prohibited in Bangladesh through a Gazette notification dated 09 August 2023 (copy attached).
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Under the authority granted by Section 15(1)(g) of the same Act, you are hereby directed to inform this Unit if any account exists with the prohibited aforementioned group/organization, to freeze it in accordance with Section 20(1)(x) of the Anti-Terrorism Act, 2009, and/or to cease any business relationship with it.
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This directive shall take immediate effect.
Yours faithfully,
(Signature)
(Md. Rafiqul Islam) Director (BFIU) Phone: 9530170
Attachment: As per description (1 page).
Phone: +88-02-9530118, Fax: +88-02-9530089, www.bb.org.bd/bfiu
Registered No. D A-1
Bangladesh Gazette Extraordinary Issue Published by Authority
Wednesday, August 9, 2023
Government of the People's Republic of Bangladesh Ministry of Home Affairs Public Security Department Political Branch-2
Notification
Date: 09 Srabon 1430/24 July 2023
No. 44.00.0000.075.04.006.2019-582—It is represented to the Government that the declared activities of the militant group/organization named 'Jama'atul Ansar Fil Hindal Sharqiya' are contrary to the peace and order of the country. Meanwhile, considering the activities of the group/organization as a threat to national security, its activities are hereby declared prohibited in Bangladesh.
- This order shall take immediate effect.
Mohammad Rashed Hossain Chowdhury Deputy Secretary.
Mohammad Ismail Hossain, Additional Director (Deputy Secretary), Bangladesh Government Printing Press, Tejgaon, Dhaka, printed. Brainjan Changma, Additional Director (Deputy Secretary) (Additional Charge), Bangladesh Forms and Publications Office, Tejgaon, Dhaka, published. website: www.bgpress.gov.bd (10639) Price: Taka 4.00