Page 13 - NIBAF-Training Matters Oct-December 2021

NIBAF-Islamabad took several
initiatives over the quarter to design
new programs customized to the
special training needs of various
stakeholders.

Five-day training for
Intelligence Bureau officers
on White-collar Crimes
Investigations

On the exclusive request of
Intelligence Bureau, NIBAF
designed a five-day
comprehensive training package
for Intelligence Bureau with the
support of officers from SBP, NAB,
Commercial Banks and
Competition Commission of recommendations, and latest Institutions. Mr. Waleed Khan who
Pakistan. As the intelligence amendments in AML Act. Mr. is leading the Risk Advisory
process in envisaged to continue to Aamer Nadeem, VP Askari bank Department of Crowe Pakistan
play an effective role in the control shared his vast experience in the shared an overview of Financial &
of organized crime and penetration field of Trade Based money Capital markets of Pakistan.
of organized crime into legitimate laundering and regulatory
businesses, necessary capacity compliance while the team from
needs to be developed in respect Competition Commission of Exclusive session on
of prevention, detection, Pakistan including Mr. Umair Employee Due Diligence for
investigation, and prosecution of Javaid and Ms. Maliha Quddus HR practitioners
white-collar crime and related discussed Cartelization in
abuses. A panel of trainers from Pakistan’s Large Scale Industries. In line with SBP AML Regulation 13
different organizations was Session on Crypto Currencies & on Internal Controls, an exclusive
engaged to share their expertise Block Chain technology and their online session on Employee Due
with the IB team at 5-day program associated risks were discussed by Diligence was developed and
organized at NIBAF Islamabad Mr. Shoukat Bizinjo & Hasssan delivered for HR practitioners of
from October 25, 29, 2021 for the Anwar from State Bank of Pakistan banks on December 20, 2021. The
agency’s senior officers. Mr. while Mr. Gulzar Khan from SBP program focused on the
Shahid Iqbal lead the discussion on (currently on deputation with NAB) procedures and best practices that
basic Concepts & typologies of shared key insights on Fraud HR professionals should use to
Money laundering, FATF Investigation in Financial screen the employees,
emphasized the Employee Due
Diligence program to be a
permanent part of bank’s overall
AML/CTF program, risk
assessment exercise within banks
and the key roles of HR
professionals. The program was
very well received by the industry
with participation of 31 HR
professionals.