Standard Chartered as of late propelled the Correspondent Banking Academy e-Learning entrance in Pakistan. This entry will share the Bank’s learning and involvement in Financial Crime Compliance (FCC) with its Financial Institution customers in Pakistan.
This initiation service for the e-Learning gateway occurred inside the premises of State Bank of Pakistan. Speaking to State Bank of Pakistan (SBP) at the event was Mr. Riaz Riazuddin (Deputy Governor SBP), Mr. Jameel Ahmed who is the Executive Director Banking Supervision and Mr. Syed Irfan Ali (Executive Director Banking), though the Standard Chartered assignment was driven by Mr. Alex Manson (Global Head Transaction Banking) and Mr. Shazad Dada (CEO Standard Chartered Bank Pakistan).
About the e-Learning Portal
This e-Learning gateway, the first of its kind being offered by any reporter managing an account administration supplier, is another key breakthrough for Standard Chartered Bank. Already, Standard Chartered had led a workshop in Pakistan for keeping money experts with the target of expanding the consciousness of Financial Crime Compliance with the nearby managing an account group.
The Standard Chartered Correspondent Banking Academy e-Learning gateway means to upgrade reporter bank customers on administrative desires regarding money related wrongdoing and danger consistence. The Bank trusts that this community oriented exertion will empower us to work all the more intimately with our customers to better oversee dangers in territories, for example, Customer Due Diligence, Anti-Money Laundering, and Sanctions Compliance, and raise budgetary wrongdoing consistency standards in the business after some time.
About the Courses
The bank will offer three key e-Learning modules, which are utilized to prepare its own particular inward staff Customer Due Diligence (CDD), Sanctions and Anti-Money Laundering (AML). These e-Learning modules might be revived intermittently in accordance with material advancements in these territories, which might be made accessible to the Bank’s Financial Institution customers. The Bank may likewise include different subjects of enthusiasm for the future in view of administrative improvements and criticism from the customers.
Remarks at Launch of e-Learning System
Remarking on the framework, Mr. Riaz Riazuddin, Deputy Governor, State Bank of Pakistan said, It is cheering to discover that Standard Chartered has dispatched a Correspondent Banking Academy e-Learning Portal in Pakistan. This activity is decent from a danger administration point of view and will give a chance to the business to regale from the worldwide mastery of Standard Chartered in Customer Due Diligence, Anti-Money Laundering and different parts of cutting edge keeping the money. We do trust that the utilization of this e-Learning Portal by Standard Chartered Bank’s customers and staff will improve their comprehension of the administrative desires in these territories.
Remarking on the dispatch, Mr. Alex Manson, Global Head, Transaction Banking, Standard Chartered Bank said, they are carried out to battling budgetary wrongdoing and have taken the methodology of taking an interest in the improvement of FCC standards with our customers by building a solid consultative ability in the business sectors where we work. This activity ought to not just go far in raising the general standards of the managing an accounting industry, but on the other hand is especially in accordance with their dedication to serving business groups.