Page 21 - NIBAF-Training Matters January - March 2022

banks to raise awareness about the
Pakistan’s first instant payment sys-
tem, Operations in RAAST, settle-
ment of transactions and impact of
RAAST on RTGS & SBP core bank-
ing applications. All the iterations
were conducted by Syed Muham-
mad Taha, Joint Director, Digital In-
novation and Settlements Depart-
ment.

Advanced Risk
Management

First iteration of this 2-day training March by Mr. Hassan Azwar, Assis-
program on Advanced Risk Man- tant Director- Payment System Pol-
agement was conducted in March, icy and Oversight Department. Capacity Building of
2022 by Mr. Rizwan Chughtai, Shariah Scholars –
MCB. Topics discussed during the
training were mainly related to IFRS-9 Financial Phase II & III
Credit Risk, Market Risk, Liquidity Instruments This program designed particularly
Risk, Operational Risk, Cross Bor- Based on the market analysis, this for Shariah Scholars of commercial
der Exposure and Risk Govern- training program was offered in banks is based on three different
ance. Almost 25 participants from March for participants both from modules/phases. Upon successful
SBP attended this training program SBP and commercial banks. The completion of 1st phase in Novem-
conducted at NIBAF-Karachi. ber 2021, the 2nd phase of capacity
training was conducted by industry
expert- Mr. Arsalan Khalid, Char- building of Shariah Scholars was
tered Accountant and Partner EY held from 10-17 January, 2022 and
Introduction to Technical Ford Rhodes. 23 participants from the 3rd Phase of the program was
Analysis different commercial banks and held from 14-25 March, 2022. Sen-

First iteration of Introduction to SBP attended this program to gain ior representatives from SBP and
other financial institutions were in-
Technical Analysis was conducted understanding on reasons for re- vited to share their expertise with
online by Mr. Kafeel Zaheer, Dep- placement of IAS-39, IFRS 9- Im- the participants. 16 Sharia Scholars
uty Director-IMID on March 28, pairment overview and elements of from different banks attended both
2022. The training was designed to expected credit loss, gaps in SBP phases of this two-week program at
give participants a holistic view of Regulations and IFRS-9, IFRS-9 NIBAF-Karachi.
different tools for technical analy- brief outcomes, banking industry-
sis, constructing and interpreting wide impact analysis, banking in- Workplace Harassment
charts, introduction and testing of dustry preparedness for IFRS-9,
technical indicators, technical theo- etc. Multiple iterations of this online
ries and psychology of trading. The training has been conducted by NI-
training was attended by 30 SBP of- BAF-Karachi for SBP Officers. The
ficials.

The Metaverse: Virtual
Cloud Economies

This training program has been de-
signed to update participants about
the concept of virtual and aug-
mented reality, tools and technol-
ogy of Meta, cloud computing &
cryptocurrencies and Blockchain.
Iterations of this training program
were conducted in January and