Page 15 - NIBAF-Training Matters April - June 2022

basic responsibilities of a Bank
Teller, basics of cash /cheque
handling, security features of
currency notes and cheques, tips
for swift processing of
payments/receipts, cash balancing
and dealing with excess cash, ATM
cash handling, cash insurance,
regulatory instructions on currency
management, SBP Clean Note
Policy. Also, an extensive
discussion was made on
irregularities observed by regulator
in cash management practices in
branches and regulatory penalties.

Management and developing plans training and coaching. Prior to the
Business Continuity and for critical processes, departments, training, all participants were
Crisis Management information systems, and business required to submit pre-

While Business continuity planning units to work in response to any assessments from their supervisors
is essential for all organizations, disruption. The session was and peers and observations from
avoidance of operational conducted by Mr. Shehzad Ali these reports were referred to
disruptions is particularly important Sharif, Senior Joint Director- during the training sessions
for digitally driven service-based Governor’s Office. Mr. Sharif helping the participants to learn
industries including the banking designed the program contents and relate to various aspect of Trust
sector. Service disruptions can based on the Business Continuity Building, credibility, behavioral
harm a bank’s market position, Institute (BCI) Good Practice change and effective team
liquidity and credit quality, Guidelines and discussed the engagement for enhanced
rendering it vulnerable to Business Impact Analysis, Threat & commitment and accountability of
reputational risk. In-time restoration Vulnerability Assessments, Incident results. The sessions were packed
of critical business processes, as Management & Incident Response with group exercises and video
well as the technical recovery of Structure, Scope & Framework of assisted debriefings to emphasize
critical information systems is Business Continuity Planning at the importance of Trust. articipants
essential to ensure continuous SBP and BCI Professional practices were provided Franklin Covey’s
customer service and to avoid in detail. branded kit including the Speed of
financial loss and regulatory Trust Book and other relevant
reprimand making Business material for further guidance and
Continuity and Crisis Management Leading at the Speed of reference.
Planning a critical function for Trust 3.0 – Franklin Covey
banks. As technological innovation Pakistan
and changing internal and external Anti-Money Laundering &
business processes lead to new Combating the Financing
threat scenarios, banks require Leading at the Speed of Trust 3.0 of Terrorism (AML/CFT)
flexible business continuity and (LSoT) is one of the signature
crisis management plans as well as programs offered by M/s. Franklin NIBAF-Karachi conducted one-day
their continuous review and Covey Pakistan (FCP) to training program on AML/CFT on
update. In view of the critical nature organizations for leadership and May 11, 2022 for SBP officers. Mr.
of this function for banks, a one-day personal development. FCP Kamran Hyder, Joint Director-
awareness program on the subject conducted this two-day program Banking Policy & Regulations
was conducted by NIBAF-Karachi for twenty senior managers of SBP Department briefed the participants
on April 21, 2022. The objective of on May 17-18, 2022 led by Ms. about the consequences of money
the program was to provide basic Andleeb Abbas, corporate trainer laundering & terrorism financing,
knowledge and understanding of involved in the field of consulting, money laundering stages, FATF
Business Continuity and Crisis organizational development, assessment process & current