The Gujarat Urban Co-operative Banks Federation (GUCBF) organised a one-day training programme on FIU-IND (Financial Intelligence Unit–India) last week at its office in Ahmedabad.

The session aimed to strengthen awareness and compliance among co-operative banks with regard to the Prevention of Money Laundering Act (PMLA) and FIU-IND reporting guidelines.

The programme, specially arranged for co-operative banks from Ahmedabad and Gandhinagar districts, witnessed participation from around 70 officials representing 42 Urban Co-operative Banks.

The training was conducted by Satish Kumar, Joint Director, and Rajan Kannojia, Consultant, from FIU-IND, New Delhi. They elaborated on key aspects of compliance, including Suspicious Transaction Reports (STRs), Cash Transaction Reports (CTRs), and b

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