New Delhi, Dec 6 (PTI) State-owned Bank of Baroda (BoB) on Tuesday 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.

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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.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)