Page 21 - NIBAF-Training Matters July-September 2021

NIBAF Peshawar

NIBAF-Peshawar team delivered a
rich portfolio of online trainings on
diverse topics over the quarter
along with the launch of 2nd
iteration of NIBAF’s flagship
Islamic Banking Certificate
Course (IBCC 49) during Sep 13-
Oct 5, 2021 in Peshawar (further
details in the Islamic Banking
section). The team launched new
courses as well as more iterations
of the existing programs which
were all very well received by the
industry and attracted sizeable
nominations. SBPs Currency Management principles and frameworks for
NIBAF Peshawar conducted a new Strategy in letter & spirit. Latest internal controls, & examination of
training program titled Money- amendments in laws and their efficiency and effectiveness.
laundering Dynamics and regulatory instructions governing The session also covered SBP’s
Modern Paradigm of AML/KYC currency management and their Internal Control Framework, its
Regime during July 5-6, 2021. The potential implications for financial potential implications and benefits
program was designed with an aim institutions were discussed at for financial institutions. The
to better equip our participants to length. The trainer, Mr. Usman program was delivered by Mr.
deal with the challenges arising out Anwar (Deputy Director, Currency Wasimullah who facilitated the
of extensive legal & regulatory Management Department, SBP participants around the technical
requirements as well as risks BSC) conducted an interactive aspects of the topic and answered
arising from money laundering at session addressing participant their queries in detail.
both the individual bank and the query throughout the session as NIBAF-Peshawar also conducted 4
national level. The training further well as in the Q&A segments of the online training programs during the
month
of
These
September.
covered the latest amendments in session. Thirty Seven participants included a 2-days online session
laws, regulatory instructions, and attended the session from different on Commercial & Private
their potential implications for financial institutions and shared Remittances under Foreign
financial institutions. The program their practical Exchange Manual 2020 during
was conducted Mr. Wasimullah, experiences/problems in the area. Sep 14-15, 2021 which was
Wing Head-Audit & Inspection, attended by 20 participants from
NBP and was attended by a NIBAF-Peshawar developed a new different financial institutions. The
number of professionals from online program titled Internal training was delivered by Mr. Ejaz
different financial institutions. Controls - Principles & Ahmed Qadri who expertly covered
Frameworks and launched it the different aspects of the domain
Another online session on SBP’s online on August 20, 2021. The and also clarified the concepts of
Currency Management Strategy program was designed to enable the participants during the Q&A
was held on August 11, 2021. The participants understand the sessions. Another online training
objective of the session was to Concepts and Types of Controls, program was conducted on Legal
enable participants to implement internationally recognized & Regulatory Framework for
eCIB & Private Credit Bureaus in
Pakistan on Sep 24, 2021 and
delivered by Mr. Sajid Khan from
Banking Conduct and Consumer
Protection Department, SBP. The
session covered the background,
evolution and the legal and
regulatory developments around
eCIB & Private Credit Bureaus in
Pakistan. The online session on
Customer Due Diligence & Risk
Profiling for Trade Finance was