The National Institute of Banking and Finance (NIBAF) Pakistan organized a two-day professional training program titled “Regulatory Features of AML-CFT/KYC-CDD: Compliance Challenges in Financial Institutions” on January 14 and 15, 2026, at its Lahore campus. The program was aimed at strengthening compliance knowledge and enhancing risk management capabilities among banking professionals working in an increasingly complex regulatory environment.
The training brought together around 20 participants from commercial banks and Development Finance Institutions (DFIs), reflecting the growing emphasis within Pakistan’s financial sector on regulatory compliance and financial crime prevention. With evolving local and international regulatory expectations, the program addressed the practical challenges faced by financial institutions in implementing effective Anti-Money Laundering and Counter Financing of Terrorism (AML-CFT) frameworks.
The program was led by Mr. M. Asim Khan Suri, an experienced professional in the field of regulatory compliance and risk management. Through structured sessions, the trainer provided participants with an in-depth understanding of AML-CFT regulations, Know Your Customer (KYC), and Customer Due Diligence (CDD) requirements. The sessions focused on bridging the gap between regulatory guidelines and their practical application within financial institutions.
Participants were exposed to key components of AML-CFT frameworks, including risk-based approaches, customer onboarding procedures, transaction monitoring mechanisms, and reporting obligations. The training also examined common compliance gaps and operational challenges encountered by banks and DFIs, such as managing high-risk customers, ensuring data accuracy, and maintaining effective internal controls.
A significant portion of the program was dedicated to discussing regulatory expectations and supervisory perspectives, helping participants understand how compliance failures can expose institutions to financial, reputational, and legal risks. Real-world scenarios and case-based discussions were used to illustrate how lapses in KYC and CDD processes can lead to regulatory breaches and enforcement actions.
The training further highlighted the importance of coordination between compliance teams, operations, and senior management in building a strong compliance culture. Participants gained insights into strengthening internal policies, improving documentation practices, and enhancing staff awareness to ensure consistent adherence to AML-CFT requirements across all business lines.
According to NIBAF officials, the objective of the program was to support financial institutions in developing resilient compliance frameworks that align with regulatory standards while remaining operationally effective. As regulatory scrutiny continues to increase, capacity-building initiatives such as this training play a critical role in equipping professionals with the knowledge and tools required to manage compliance risks effectively.
The successful completion of the two-day program reflects NIBAF Pakistan’s continued commitment to professional development within the banking and financial services sector. By offering targeted training on regulatory and compliance matters, the institute contributes to strengthening the overall integrity and stability of Pakistan’s financial system.
As financial institutions continue to adapt to evolving AML-CFT regulations and heightened supervisory expectations, programs like this provide essential guidance for professionals tasked with safeguarding their organizations against financial crime while ensuring full regulatory compliance.
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