Business Desk: dhakamirror.com
Standard Chartered Bangladesh and Brac University signed a memorandum of understanding recently to develop a curriculum on financial crime and compliance for both undergraduate and graduate students.
The aim is to develop professionals trained to prevent financial crime while following both local and international standards of compliance, the lender said in a press release yesterday.
“This initiative builds on a major need for (relevant) knowledge in Bangladesh…(the initiative) ensures Bangladesh’s youths and future human resources receive the necessary training prior to entering the job market,” it said.
Naser Ezaz Bijoy, chief executive officer of the lender, and Vincent Chang, vice chancellor of the university, were present at the signing ceremony at the bank’s head office in Dhaka.
“Working together with organisations to share knowledge and act swiftly in response to evolving threats better prepares us all to identify and thwart financial crime,” said Bijoy.
“Financial crimes are a significant ongoing challenge for institutions and individuals. This industry-academia partnership will help us better examine the extent and costs of the deceptions alongside major regulatory and criminal justice policy options,” Prof Chang said.
“Eventually, it can play a vital role in taking further measures that need to be in place to both protect institutions and individuals and achieve regulatory compliance,” he added.
