ICCB holds workshop on international financial crimes

The International Chamber of Commerce Bangladesh (ICCB), in association with the ICC Commercial Crime Services (CCS) of the ICC International Maritime Bureau (IMB), based in London, organised a workshop titled “International Financial Crime: Identifying Risk & Preventing Fraud in International Trade” at a hotel in Dhaka on Saturday.

A total of 88 participants from 23 banks, including the central bank, along with two participants from the Bangladesh Institute of Bank Management (BIBM), attended the workshop, according to a press release.

Mahbubur Rahman, president of ICCB, attended the closing ceremony as the chief guest and distributed certificates among the participants.

In his remarks, Rahman said that current global economic uncertainties have increased various risks in international trade, including fraud and malpractice.

He emphasised that the chances of recovering losses from such incidents are limited. Therefore, it is essential for bankers, exporters and importers to understand the types of fraud prevalent today and how they can be prevented.

He further noted that maritime trade remains a cornerstone of real economic activity and growth. The rise in reported maritime incidents underscores the importance of protecting seafarers and securing key shipping routes, not only for crew safety but also for the stability of global supply chains and dependent economies.

Michael Howlett, chief executive officer of ICC Commercial Crime Services; Cyrus Mody, director of ICC CCS and deputy director of IMB; and Ataur Rahman, secretary general of ICCB, conducted the workshop as resource persons.

A similar workshop was held in Chattogram yesterday, attended by 56 participants from 19 banks, including the central bank, along with 18 clients. Eastern Bank, Mutual Trust Bank and Prime Bank sponsored the event.