Manama, Bahrain- Feb 9, 2009- The Association of Certified Anti-Money Laundering Specialists, Inc. (ACAMS), USA, has appointed the Bahrain Institute of Banking and Finance (BIBF) as its sole education partner in Bahrain to train and certify financial executives and government officials in the field of Anti-Money Laundering and Financial Crime Prevention. A Memorandum of Understanding, to this effect, was signed between Garry Muriwai, Director, BIBF and Gregory J Calpokis, Executive Director, ACAMS.
“The MoU is intended to advance individuals knowledge towards the detection and prevention of money laundering experience,” said Garry Muriwai. “It is a very significant step forward in BIBF’s mission of bringing world-class professional qualifications to Bahrain and the region”.
Gregory Calpokis said that “ACAMS is indeed honored to have BIBF as its educational partner in Bahrain and the region and indicated that ACAMS, in collaboration with BIBF, will consider bringing its next annual conference to Bahrain.
Dr . Sat Paul Parashar, Head of the Center for Banking at BIBF explained that “with the collaboration of ACAMS, BIBF shall be offering first of its kind specialist Methods and Techniques in Anti-Money Laundering (SMAT-AML) program for compliance officers, MLROs and their deputies, internal controllers, auditors and professionals in banking, insurance and other financial institutions, lawyers, and officials from government departments like customs and the enforcement agencies”.