Page 12 - NIBAF-Training Matters July-September 2021

NIBAF team at Islamabad has
enhanced its focus on the
development of new training
programs including professional
certificate programs. Extensive
efforts are made in the initial stages
of training design to ensure
comprehensive need assessment
and program scoping before
moving to other stages of program
design and trainer identification. All
new programs are designed and
launched in consultation with
respective stakeholders including
relevant SBP departments and
L&D/HR officials of Banks.
One of the objectives of NIBAF is to
make banks self-sufficient in
training and development of their
staff by offering Training of Trainers
(TOTs). In order to actualize the program of the series was delinquencies involving complex
said objective, NIBAF Islamabad conducted in a physical setting at cross border transactions and
launched a comprehensive TOT NIBAF Islamabad. The program virtual currencies. Accordingly,
program on Foreign Trade was attended by 27 mid-senior NIBAF-Islamabad designed a new
Operations which was designed level bankers from UBL, Askari, Advanced Professional
keeping in view the existing Meezan, ABL, BOP, Bank Alhabib, Certification in Anti-Money
regulatory framework laid down BOK, Habib Metro, Soneri, Bank laundering & Combating
under SBP Foreign Exchange Alfalah and MCB Islamic bank. The Financing of Terrorism program
Manual, latest regulatory changes, program was very well received by to provide the participants
SBP’s latest initiatives including trainers as well as officials in trade with basics to advanced level
PM’s Roshan Digital products and operations. topics of Anti-money laundering
newly launched ITRS and Weboc An effective Anti-Money Laundering and counter financing of terrorism.
systems by Government of Training program requires a The first iteration of the program
Pakistan. First iteration of the comprehensive knowledge of was conducted at NIBAF-
program was conducted online in underlying causes of primary profit- Islamabad in September 2021. This
June 2021 and the second making crimes to high tech program is a complete package for

First iteration of the Advanced professional certification in AML/CFT was
launched with Ms. Sima Kamil, Deputy Governor, SBP gracing the program with
her presence on the first day while Ms. Lubna Malik, DG Financial Monitoring Unit
(FMU) addressed the participants on the closing/last day of the program.

Second iteration of the TOT program on Foreign Trade Operations conducted with
participation of potential trainers from 11 banks.