Lao bankers learn about sanctions-related risk management

VIENTIANE (Vientiane Times/ANN) – The Lao Bankers’ Association (LBA) is working to upgrade the skills of employees of banks that are members of the association by equipping them with broader understanding of risk management and prevention of money laundering and terrorism financing.

The LBA’s Chairman, Mr Phoukhong Chanthachack, told participants at a workshop on these issues yesterday that the association is prioritising the enhancement and upgrading of the skills of banking staff in charge of preventing money laundering and terrorism financing.

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Bounfaeng Phaymanivong