Page 11 - NIBAF-Training Matters October-December 2020

Oct - Dec 2020

Department attended the session. The course Recoveries and Bank Legal Systems. Mr. Adnan's
covered areas related to maintaining integrity of work experience as practicing High Court lawyer
financial system and ways to deal with financial (civil, corporate and company law with specific
abuse emanating from misuse of banking channels, reference to credit documentation in banks)
banking products and rapid technological allowed him to deliver a quality session for
developments. Fraud Risk Management, Reporting participants.
and Organizational Mitigates were also covered
Considering the annual closing and busy schedule
along with international perspective particularly
of core operations' staff of banks/branches,
operational risk parameters under the Basel
December-2020 program was planned to be on a
Framework and Risk Assessment & Control Elements
policy-related topics and hence a three- hour
of the COSO Framework. The role of organization
online session on Workplace Harassment was
culture in mitigating financial crimes with successful
conducted on Dec 15, 2020 for bankers. This
implementation of organizational policies (whistle
course was attended by officers from HR
blowing) and individual responsibility with respect
departments, officers and senior managers from
to employee integrity were also discussed in detail.
one DFI, one MFB and three banks. The session was
Keeping in view the recent efforts and Regulations delivered by Ms. Maliha Husain, Executive Director,
issued by both SBP and SECP to institutionalize Exit Mehergarh. Ms. Husain is also actively involved in
mechanism for Banks' Non-Performing Assets' monitoring nationwide implementation of the
Portfolio, NIBAF-Quetta also conducted a six hour workplace harassment law and works closely with
online session on NPL Strategy and Legal Recourse the federal and provincial governments, the
on Nov 11-12, 2020. Fifteen participants from private sector and civil society to facilitate and
Credit Risk & Policy, Credit Administration, Legal, monitor its effective implementation. The course
and Special Assets Management Departments of contents covered the concept and behaviors
four commercial banks and one Microfinance bank associated with Sexual Harassment and provisions
participated in the training. The session covered available under the “Protection Against
process for early recognition of problem loans, Harassment of Women at the Workplace Act,
resolution/exit strategies, SBP Prudential 2010” including Role of Employer, Employees,
Regulations for Classification and Provisioning, Inquiry Committee, Ombudsperson including
Collateral Management and provisions available under the Act to deal with
Rearrangement/Perfection of Securities(Moveable malafide accusation.
securities & Secured Transaction Act 2016,
Immoveable Securities-Urban and
Agriculture), Discussion on Documentation,
Contracts and Agreements, Litigation &
Other Rehabilitation/ Restructuring options
(Foreclosure Laws, Settlement/ Consent
Degree, Corporate Restructuring
Companies Act 2016, Corporate
Rehabilitation Act 2018, Transfer of NPAs)
available to bankers under the new
Regulations. The course was delivered by
Mr. Adnan Adil Hussain. He has rich 27
years of experience in Retail, Credit,

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