Regulatory Alerts2026-02-05
Added
BFIU Circular Letter No. 03: Instructions for the MFS for the Enforcement of Transaction Monitoring System
The Bangladesh Financial Intelligence Unit (BFIU) issues instructions to all Mobile Financial Service (MFS) providers operating in Bangladesh to strengthen the Transaction Monitoring System, with specific emphasis on transactions managed by agents, distributors, and merchants. The directive mandates the immediate filing of suspicious transaction or activity reports where applicable, referencing the requirements set forth in Paragraph 6 of BFIU Circular No. 20 dated September 17, 2019. This circular serves to notify relevant entities and enforce these compliance measures.
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Bangladesh Financial Intelligence Unit 2nd Floor, 2nd Annex Building Bangladesh Bank, Head Office Motijheel, Dhaka-1000 Bangladesh
BFIU Circular Letter No. 03
Date: 22 Magh 1432 Bengali Era 5 February 2026 AD
To: Chief Executive Officer / Managing Director All Mobile Financial Service providers operating in Bangladesh.
Regarding: Strengthening the Transaction Monitoring System.
Dear Sir,
Reference is drawn to the instructions contained in Paragraph 6 of BFIU Circular No. 20, issued on September 17, 2019, on the subject cited above. In light of the aforementioned instructions, directives are hereby issued to strengthen the Transaction Monitoring System (specifically highlighting transactions operated by all agents, distributors, and merchants) and, where applicable, to file reports of suspicious transactions/activities without delay.
- These instructions are issued for the information of all concerned and for necessary action.
Yours faithfully,
(A. K. M. Golam Mahbub) Director (BFIU) Phone: 9530170
Phone: +88-02-9530118, Fax: +88-02-9530089, www.bb.org.bd/bfiu