Photo: Collected

DHAKA, April 12, 2026 (BSS) - Experts and business leaders have emphasized 
the critical need for proactive fraud management strategies and robust risk 
management to protect international trade from the rising threat of financial 
crimes and maritime fraud.

The call was made today during a workshop titled "International Financial 
Crime: Identifying Risk & Preventing Fraud in International Trade", organised 
by the International Chamber of Commerce (ICC) Bangladesh in collaboration 
with the London-based ICC Commercial Crime Services (CCS) of the ICC 
International Maritime Bureau (IMB) at a hotel in the city, said a press 
release. 

Addressing the closing ceremony as the chief guest, ICC Bangladesh President 
Mahbubur Rahman highlighted that current global economic uncertainties have 
escalated risks such as fraud and malpractice in international trade. 

He warned that the chances of recovering losses from such incidents are often 
limited, making it essential for bankers, exporters, and importers to 
understand and prevent modern fraud techniques.

Mahbubur Rahman noted that maritime trade remains a cornerstone of economic 
growth, but rising maritime incidents threaten both seafarers and the 
stability of global supply chains.

He stressed that ensuring safe passage at sea requires sustained cooperation 
among regional and international partners to safeguard maritime commerce.

The workshop underscored that financial crime is evolving, with fraud and 
data security threats emerging through diverse channels. 

While all stakeholders-including consumers and merchants-play a role, the 
responsibility of financial institutions is the most critical. 

Mahbubur Rahman urged bankers to adopt latest detection and prevention 
technologies to mitigate risks before significant damage occurs.

A total of 88 participants from 23 banks, including the central bank, along 
with two participants from the Bangladesh Institute of Bank Management 
(BIBM), attended the workshop in the city. 

A similar workshop was held in Chattogram on April 12 (today), attended by 56 
participants from 19 banks, including the central bank, along with 18 clients 
sponsored by Eastern Bank, Mutual Trust Bank and Prime Bank.