The National Institute of Banking and Finance (NIBAF) Pakistan organized a one-day intensive training session on “Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT)” for the Management Trainee Officers (MTOs) of Pak-China Investment Company Limited (PCICL). The training, held on October 27, 2025, at NIBAF’s Islamabad campus, was part of the institution’s ongoing MTO development program designed to enhance professional competence and regulatory understanding within Pakistan’s financial sector.
The session was conducted by Mr. Shah Zeeshan Rafiq, an expert in AML/CFT compliance and financial risk management. His lecture focused on equipping young professionals with a practical understanding of global and domestic AML/CFT frameworks, emphasizing their critical importance in maintaining the integrity of financial institutions.
Participants from Pak-China Investment Company engaged actively throughout the day-long program, exploring how financial institutions can identify, report, and prevent suspicious transactions effectively. The session also covered emerging trends in financial crimes, risk-based approaches to compliance, and the evolving global standards established by the Financial Action Task Force (FATF).
The training aimed to bridge theoretical knowledge with real-world applications, enabling MTOs to understand their professional responsibilities in detecting and deterring money laundering and terrorism financing activities. With financial crimes becoming increasingly complex in the digital age, the session underscored the necessity of continuous professional learning for employees at all levels of financial organizations.
NIBAF, the training arm of the State Bank of Pakistan, has been at the forefront of capacity-building initiatives within the banking and finance community. Its programs are specifically designed to align with international regulatory standards and to strengthen the country’s compliance culture. The collaboration with Pak-China Investment Company Limited reflects a shared commitment to strengthening institutional governance, internal controls, and ethical business practices.
The management of PCICL expressed appreciation for NIBAF’s contribution to enhancing employee awareness in critical areas of regulatory compliance. They emphasized that such initiatives are vital for ensuring that the next generation of financial professionals upholds transparency, accountability, and integrity in all operational processes.
In his remarks, the trainer highlighted the role of financial institutions in safeguarding national and international financial systems from abuse. He elaborated on Pakistan’s evolving AML/CFT landscape, recent regulatory updates, and the importance of adopting digital compliance tools to improve monitoring and reporting efficiency.
Participants gained insights into best practices for due diligence, customer risk assessment, and compliance documentation, which are essential for protecting institutions against reputational and financial risks. The session also discussed how technological innovations such as AI-driven transaction monitoring, data analytics, and fintech solutions are reshaping compliance frameworks globally.
The program concluded with a reaffirmation of PCICL’s commitment to corporate governance and regulatory alignment. The event not only strengthened the participants’ technical skills but also reinforced the importance of ethical financial conduct in sustaining investor confidence and global credibility.
As Pakistan continues to enhance its regulatory and supervisory mechanisms, training sessions like this play an essential role in embedding compliance culture across financial institutions, ensuring that young professionals entering the sector are well-equipped to meet evolving global challenges.
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