Bangladesh Financial Intelligence Unit (BFIU), a financial intelligence agency that worked to prevent money laundering and terrorist financing, on Tuesday in a directive asked all to stop business and financial relations with the banned militant organisation 'Jamaatul Ansar Fil Hindal Sharqiya'.
After the militant organisation was banned by the government, the BFIU issued the directive, adding that any business relationship with this organisation is ordered to stop or face legal action.
The directive applies to all scheduled banks, Financial Institutions, Insurance, money changers, any company or institution that remits or transfers money or value in the country, stock dealers and stock brokers, portfolio managers and merchant bankers, security custodians, asset managers, non-profit organizations/institutions, BFIU sent to Private Development Corporations, Co-operative Societies, Real Estate Developers, Precious Metals or Stone Trading Firms, Trust and Company Service Providers, Lawyers, Notaries, Other Legal Professionals and Accountants.
BFIU Director Md Rafiqul Islam issued the directive on Tuesday (August 22). Earlier on August 9, the public security division of the Ministry of Home Affairs issued a notification banning the militant organisation.
