Page 17 - NIBAF-Training Matters Oct-December 2021

Digital Financial Services Fintech- The future of Thobani who is an esteemed trainer
Finance in the realm of Trade Finance and
The program was designed for Trade Compliance. During the
commercial banks with focus on program, Mr. Thobani ensured that
digital financial services, financial This topic was very well received the knowledge was not only
inclusion, alternate delivery and appreciated by the participants disseminated but accurately
channels, role of fintechs in global as it provided an opportunity for the perceived and understood by the
financial landscape etc. The first participants to acquire valuable participants. The program was
iteration of this training program insight on emerging issues and highly acclaimed by all 30
was conducted online in October, challenges in the Fintech sector. participants from nine different
2021. The real-world applications of
Fintechs were also discussed in commercial banks.
Machine Learning in Excel conjunction with relevant videos for
better illustration and
This was the second iteration of the understanding. The trainer also
training module “Machine Learning covered the regulatory regime of Central Banking Talks
in Excel” in FY22. The first iteration Fintechs and regulatory sandboxes
was conducted in Aug 2021 by the in a global and local context.
same trainer which was largely The Central Banking Talks has now
appreciated by the participants. Certified Trade Compliance become a recognized virtual platform
The second iteration was Specialists (CTCS) where senior representatives from State
conducted on the request of HRD, Bank of Pakistan are invited to share their
SBP to accommodate the thoughts and experiences, and talk about
remaining participants that had A 2-day certification program on upcoming challenges/opportunities in their
shown interest in attending this Trade Based Money Laundering respective areas. Series of such talks were

module at the time of the first (TBML) designed for the also conducted in the previous quarter by
iteration. This hands-on module commercial bankers was experienced central bankers. Likewise, the
th
was conducted in a participative organized on 22-23 October, 2021. 5 Talk on “Demystifying Digital Banking”
manner by Mr. Raheel Rupani. The This program offered participants a was conducted by Syed Irfan Ali, Managing
core objective of the course was to unique opportunity to equip Director-DPC in October, 2021. Following
th
familiarize participants with themselves with the understanding that, 6 Talk on “The Challenging Role of
machine learning concepts and to of different AML/CFT models and FMU in AML/CFT Framework” was given
equip them with tools and their implementation in the by Ms. Lubna Farooq Malik, Managing
techniques to develop machine international trade environment. Director-FMU in December, 2021.
learning models using Excel The training was conducted by a
features. renowned banker Mr. Salim