Page 29 - NIBAF-Training Matters January-March 2021

NIBAF - Peshawar instructions and guidelines issued by SBP for cash
handling since the onset of COVID-19.
During the Jan-March quarter, NIBAF Peshawar
Chapter held 4 VILT training sessions for Trade Based Money Laundering
Commercial Banking, a classroom based 2-day
training session on AML/CFT & Latest Legal & An online training on 'Trade Based Money
Regulatory Developments, and NIBAF’s Laundering' was conducted by NIBAF Peshawar
comprehensive flagship Islamic Banking Certificate Chapter on Feb 15, 2021. The session was attended
Course IBCC (48th) attended by 25 participants by 27 participants from Trade and Compliance
from different financial institutions at Peshawar functions of different financial institutions. The
Campus. session covered different risk scenarios regarding
trade based money laundering and the controls
AML/CFT & Latest Legal & Regulatory required to minimize their incidence.
Developments

A VILT session was held on the topic during Jan 7-8,
2021 attended by 42 participants from different
commercial banks. This was followed by a
comprehensive 2 day F2F training session held for
commercial bankers during Feb 3-4, 2021. The
program was attended by 13 participants from
different commercial banks of KP region. The
training sessions encompassed the key concepts and
practices of AML/CFT risks and the latest legal &
regulatory requirements.

Risk Profiling of Trade Customers

An online training session on 'Risk Profiling of Trade
Customers' was held on Jan 26, 2021 by NIBAF
Peshawar Chapter. The session was attended by 36
participants from different financial institutions. The
session covered different aspects of risks profiling
of trade customers and associated risks and the
Currency Management Strategy
techniques adopted to cope with those risks.
NIBAF Peshawar conducted an online training
session titled 'Currency Management Strategy' for NIBAF Smart Campus Muzaffarabad
commercial banks on Jan 11, 2021. The session was
attended by 13 participants from Branch During the Jan-Mar quarter, NIBAF Smart Campus
Operations and Cash Management units of Muzaffarabad conducted 2 VILT training sessions
different financial institutions. The session covered for Commercial Banking, and a F2F training session
the SBP’s overall strategy on Currency Management on ‘Currency Management Strategy’ at the Campus.
for cash handling and the different regulatory

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