The National Institute of Banking and Finance (NIBAF) Pakistan held a focused training session titled “Regulatory Compliance with Reference to AML/CFT-KYC” on June 26, 2025, at its Karachi campus. This capacity-building session was part of NIBAF’s ongoing efforts to strengthen regulatory practices and knowledge across Pakistan’s banking industry, especially concerning financial crime compliance standards such as Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), and Know Your Customer (KYC) protocols.
The training was delivered in face-to-face (F2F) mode by Mr. Kamran Hyder, a seasoned compliance expert recognized for his work in the field of financial regulation. The session brought together a diverse group of participants comprising officers from a variety of commercial banks operating in the country. These professionals attended the session to gain practical insights into evolving compliance frameworks and regulatory expectations aligned with both domestic laws and international benchmarks.
As financial institutions in Pakistan continue to operate under increasing scrutiny from global watchdogs and local regulators, the need for consistent and updated training around compliance and risk mitigation has become more critical than ever. The training session addressed key operational areas and obligations under AML/CFT laws, helping banking professionals improve their understanding of customer due diligence processes, transaction monitoring systems, and the regulatory reporting framework. A substantial portion of the workshop focused on case studies and real-world compliance scenarios to bridge the gap between theoretical understanding and practical implementation.
NIBAF, a subsidiary of the State Bank of Pakistan, has remained at the forefront of banking education and professional development in the country. By facilitating regular, targeted trainings such as this, the institute aims to support national objectives of enhancing the financial system’s integrity, especially in light of international requirements such as those set by the Financial Action Task Force (FATF).
Participants in the Karachi session appreciated the interactive nature of the training and the detailed insights shared by Mr. Hyder. His real-world experience and structured delivery enabled attendees to contextualize compliance beyond paperwork, understanding it as a strategic imperative that protects institutions from reputational and operational risks.
This initiative also aligns with broader national goals to maintain Pakistan’s progress on international compliance indexes and to equip financial professionals with the technical tools required to identify and combat illicit financial flows. By investing in human capital development, institutions like NIBAF are contributing to the creation of a more robust and resilient financial ecosystem in the country.
With regulatory landscapes continuously evolving and enforcement becoming stricter, such sessions are a timely reminder of the importance of upskilling financial professionals. Events like these further demonstrate how regulatory education can empower banking institutions to meet not only compliance demands but also ensure sustainable, risk-aware growth in Pakistan’s financial sector.