ANL 13.76 Decreased By ▼ -0.18 (-1.29%)
ASC 14.56 Increased By ▲ 0.86 (6.28%)
ASL 15.38 Increased By ▲ 0.12 (0.79%)
AVN 100.16 Increased By ▲ 0.56 (0.56%)
BOP 8.64 Decreased By ▼ -0.02 (-0.23%)
CNERGY 7.01 Decreased By ▼ -0.01 (-0.14%)
FFL 9.50 Increased By ▲ 0.11 (1.17%)
FNEL 9.42 Increased By ▲ 0.23 (2.5%)
GGGL 14.90 No Change ▼ 0.00 (0%)
GGL 22.15 Decreased By ▼ -0.44 (-1.95%)
GTECH 10.00 Decreased By ▼ -0.15 (-1.48%)
HUMNL 6.68 No Change ▼ 0.00 (0%)
KEL 3.26 Decreased By ▼ -0.02 (-0.61%)
KOSM 4.40 Increased By ▲ 0.06 (1.38%)
MLCF 34.10 Increased By ▲ 0.20 (0.59%)
PACE 4.30 Decreased By ▼ -0.03 (-0.69%)
PIBTL 7.41 Decreased By ▼ -0.03 (-0.4%)
PRL 14.89 Increased By ▲ 0.13 (0.88%)
PTC 9.10 Decreased By ▼ -0.09 (-0.98%)
SILK 1.43 Decreased By ▼ -0.02 (-1.38%)
SNGP 34.35 Increased By ▲ 0.06 (0.17%)
TELE 17.81 Increased By ▲ 0.13 (0.74%)
TPL 15.37 Decreased By ▼ -0.22 (-1.41%)
TPLP 29.91 Increased By ▲ 0.16 (0.54%)
TREET 41.16 Increased By ▲ 0.36 (0.88%)
TRG 95.30 Decreased By ▼ -1.50 (-1.55%)
UNITY 28.30 Decreased By ▼ -0.39 (-1.36%)
WAVES 15.55 Decreased By ▼ -0.10 (-0.64%)
WTL 2.38 Decreased By ▼ -0.01 (-0.42%)
YOUW 8.18 Increased By ▲ 0.22 (2.76%)
BR100 4,688 Increased By 1.1 (0.02%)
BR30 18,666 Increased By 25.4 (0.14%)
KSE100 45,626 Increased By 13.3 (0.03%)
KSE30 17,947 Increased By 4.9 (0.03%)

coronavirus
Coronavirus
VERY HIGH
Source: covid.gov.pk
Pakistan Deaths
29,029
1024hr
Pakistan Cases
1,333,521
5,03424hr
Sindh
505,930
Punjab
454,372
Balochistan
33,729
Islamabad
111,855
KPK
182,419

The Centre for Excellence in Islamic Finance (IBA-CEIF) has announced a one-day intermediate level course on "Compliance Challenges in Trade Finance of IFIs".

The course is designed for Trade Finance related staff involved in compliance with various regulations, including anti money laundering & countering of terrorist financing (AML/CFT). The participants will learn the pitfalls and the ways of avoiding them with cases from around the globe. The course will be held on January 23, 2020 at IBA City Campus.

Key objective of the course are to understand State Bank of Pakistan's Framework on Managing Risk of Trade Based Money Laundering & Terrorist Financing and the various risks involved in Trade Finance with respect to compliance with various local and international regulations. The course will also cover that the Know your customer (KYC) mechanics in Trade Finance and the various red flags and ways of identifying Trade based money laundering, besides identifying the mechanics of countering the money laundering.

Copyright Business Recorder, 2020

Comments

Comments are closed.