Page 21 - NIBAF-Training Matters Oct-December 2021

Formats/Advance Filters, Auditing
Worksheets, Data Tools, Pivot
Tables, working with Macros, Data
Visualization - Advanced
Techniques, Dash Board Design,
Intro to MS Visio, Creating
Diagrams, adding shapes and
Connectors, adding text, pictures &
Tables, designing diagrams,
Sharing and Protection of data,
using customized shapes and
stencils etc. This program was
facilitated by Mr. Salman Shahzad,
Project Director, NFLP-Y. Mr.
Salman is competent &
experienced subject matter trainer,
who made sure that the session
was practice-oriented and
standards, drafting a framework for standards for AML/CFT and experiential by using various
adoption. The participants highly Reporting to SBP. The presentation questions, discussion items,
appreciated offering of this was well-supported by in-depth exercises & assessments.
program from NIBAF platform and discussions on key issues/queries
mentioned how significantly their raised by participants.
previous understanding and Legal & Regulatory
knowledge has improved after MS Visio (basic) & MS Excel Requirements for Account
attending the session. (Advance) Opening

Regulatory Compliance for NIBAF-Lahore has a fully functional Account Opening is the most
Exchange Companies IT Lab that is used to demonstrate crucial step in establishing a
and practice IT Skills. A two day potentially life-long client
Money remittance and currency programs comprising of MS Visio relationship. Branch Staff and
exchange providers pose a number (basic) & MS Excel (Advance) Level compliance teams must recognize
of regulatory and enforcement was conducted on Oct 25-26, 2021. the significance of this initial step
challenges especially with Participants from various banks and be aware of all the
reference to vulnerabilities from attended this training program. The legal/regulatory requirements for all
money laundering. SBP continues key topics covered during the two categories of clients. This One-day
to issue instructions to strengthen day sessions included MS Excel - online training program Legal &
the applicable regulatory regime for Advance Formulas, Cell Regulatory Requirements for
Exchange Companies (ECs) and References, Data Analysis using Account Opening was arranged on
enhance their transparency
through comprehensive
documentation. One-day online
training program on Regulatory
Compliance for Exchange
Companies was held on Oct 12,
2021. The program was conducted
by Mr. Adil Jan, Joint Director,
Exchange Policy Department.
Participants were briefed about the
legal, regulatory and operational
dimensions related to ECs,
including their licensing
requirements, requirements for the
export of foreign currencies, KYC
requirements, guidelines and