Page 39 - NIBAF-Training Matters July - December 2022
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Learning and development is a primary factor of workforce development. In order to uplift employees’ development and improve
the overall knowledge base, Karachi campus always strive to offer unique and well-designed programs for our stakeholders.
This year NIBAF-Karachi launched a platform for experienced officers to give short duration talks and create awareness on
different areas pertaining to business, banking, technology etc.
st
1 Incubation Talk The first incubation talk was held on 25
October 2022 on “Pakistan and Climate Change – the scale of the
challenge and the path to mitigation and recovery” and delivered by
Mr. Humza Nadeem Jami, Assistant Director, Banking Conduct &
Policy Department, SBP. An introductory talk focusing on critical
debates in economics and politics of climate change, there was a
steam of healthy discussions around how Pakistan fits in the
aforementioned debates today. The speaker and the participants
enjoyed a healthy dialogue on quantifying Pakistan’s climate change
damages, as well as to what extent the country is to blame for the
climate change it is experiencing. The talk concluded by discussing
whether or not it is beneficial to still continue preventing climate change
focus needs to shift towards adapting to the consequences instead.
nd
2 Incubation Talk The second talk was conducted on
November 23, 2022 by NIBAF, Karachi on “eCIB Awareness Session”
and delivered by Mr. Sufyan Malik, Deputy Director, Banking Conduct
& Policy Department, SBP. In this session Mr. Sufyan highlighted the
importance of eCIB system and how to improve credit history. He also
deliberated on the types of eCIB reports, accumulation of data in eCIB,
and discussed if eCIB takes any punitive action against financial
institutions reporting wrong information on any borrower etc. The
session remained highly interactive and participants asked relevant
questions which were confidently responded by the speaker.
rd
3 Incubation Talk Another talk on the topic of “Role of FMU in
AML / CFT Regime of Pakistan” was conducted by Mr. Waqas Hamid,
Additional Director, Financial Monitoring Unit (FMU) on December 22,
2022. An overwhelming response was received for the talk and
attended by around 25 participants from different departments of SBP.
Mr. Waqas enlightened the participants on the role of the FMU in the
overall AML/CFT regime and history of its establishment. He further
explained the powers confined to FMU under AML Act- 2010, reporting
regime of FMU and role of National Executive Committee (NEC) and
General Committee (GC) constituted under AML Act, 2010. Mr. Waqas
briefly explained the reporting of Suspicious Transaction Reports
(STRs) and Currency Transaction Reports (CTRs) to FMU by the
reporting entities and the process being followed at FMU for
processing / dissemination of STRs / CTRs. The participants showed
keen interest in the talk and asked multiple questions regarding the
topic and shown interest to conduct similar informative sessions in
future.