Page 4 - NIBAF-Training Matters October-December 2020

L N I S T I T U T O E F BANKING AND FINANCE Training Matters!
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spectrum involve giving an insight into roles of
different SBP functions like IMID (International
Markets and Investment Department), DMMD
(Domestic Market and Monetary Management
Department), Risk Management (middle office) and
Treasury Operations Department (back office). An
overview of dealing platforms and their dynamics
e.g. Reuters and Bloomberg are also part of the
sessions.

Likewise, sessions on banking regulations start with
an overview of financial system & regulatory
bodies in Pakistan. Afterwards, evolution of
Prudential Regulations (PRs), their objectives and
formulation process are extensively discussed. An
overview of AML/CFT regime, roles of different
in economic development and need for priority
stakeholders, their legal and regulatory mandates
sector financing in Pakistan. An overview of
as well as responsibilities of key position holders in
National Financial Inclusion Strategy (NFIS), and
banking institutions are also part of the
role of Microfinance banks in financial sector
discussions. Technological advancements in banking
development are also part of discussions. Concepts
operations and allied cyber security challenges
and issues related to Islamic finance, role of SBP in
warrant focused discussions on IT governance
promoting Islamic banking in the country, future
framework besides deliberations upon emerging
plans and prospects regarding Islamic banking are
trends in branchless banking and hence due
highlighted.
consideration has been given to these dimensions.
Next in line are training sessions on 'Payment
Moving forward, sessions on supervisory role of
Systems' where the process of clearing and
SBP start with an overview of banking supervision
settlement, inherent systemic risks, cross border
group, various supervision tools and gradual shift
payments and global best practices in the area
from compliance based regime to Risk based
are extensively discussed. Also there are be
supervision. On-site inspection process is
sessions on disruptive technologies and their impact
extensively discussed with special focus on
on banking landscape.
assessment of risk management and corporate
governance functions. Moreover, evolution of Basel Important life skills trainings for example Emotional
accord, its key pillars and mechanics of its intelligence and Personal Effectiveness, are
assessment in SBP's regulated entities are also carefully punctuated throughout the length of
discussed. Lastly, an effort is made to develop an program. Besides, prominent figures from different
understanding of banking conduct landscape in walks of life are also invited for evening talks to
Pakistan and its current legal & regulatory elucidate participants on socio-economic affairs,
framework. significant economic developments in Pakistan,
current affairs, and geo-politics, etc.
Promotion of Development finance and Islamic
banking industry has been at the forefront of SBP's
vision. Sessions focusing on this front deliberate
upon fundamentals of Development finance, its role

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