Correct Answer : Option (C) - Bank of Baroda
State-owned Bank of Baroda (BoB) on Tuesday(6th Dec 2022) said it has bagged an EAG Laureate Award in the International Olympiad on Financial Security held at Sochi, Russia.
* The Eurasian Group on combating money laundering and financing of terrorism (EAG) is a FATF-style regional body which comprises 9 countries including India.
* Financial Action Task Force (FATF) is an intergovernmental organisation combats with money laundering and to maintain certain interest.
* EAG has organised a contest on
'Best example of AML-CFT Financial Analysis' amongst the Compliance Officers of the member countries in the international Olympiad on Financial Security at Sochi, Russia on October 10, 2022, BoB said in a statement..
Source : Latestly
