Yesterday, the Training and Qualification Center at the Cooperative and Agricultural Credit Bank "CAC Bank" organized a specialized training course on "Governance of Combating Money Laundering and Terrorism Financing," presented by the international expert and head of the Financial Intelligence Unit, Mr. Basel Daban.

The course was attended by department heads, branch managers, and operations managers at the bank, with a focus on the international and local procedures for combating illegal financial activities. The role of banks in enhancing measures to combat money laundering and terrorism financing was also discussed, along with ways to cooperate between local and international entities in this field.

International expert Basel Daban, who is also a member of the National Committee for Combating Money Laundering and Terrorism Financing, emphasized during the course the importance of activating legislation and preventive measures to ensure the safety of the national and international financial systems. He stressed the need to raise awareness among financial sector workers to address emerging challenges in this area.

This course is part of the bank's senior management strategy, represented by the Acting Chairman and CEO, Mr. Hashid Al-Hamdani, aimed at enhancing performance and achieving institutional excellence across various departments and branches of the bank.