Training seminar for employees of credit institutions

On February 25-26, 2020, by the initiative of the NBT with the assistance of development partners including the EBRD and the International Compliance Association (ICA), the seminar on “Know Your Client” (KYC) and “AML/CTF” was held for representatives of banking system of the country.

The Deputy Chairman of NBT Hamidullo Mashrabzoda opening the seminar has noted that “the National Bank of Tajikistan regularly holds training events to improve the professional qualification of the banking system staff with the involvement of international experts and arrangement of today's event is an evidence of this. In particular, in order to expand the process of opening correspondent accounts abroad, eliminate existing deficiencies in this area and strengthen the activities of the compliance risk management system in credit institutions, the EBRD and the International Compliance Association (ICA) jointly provided 25 free scholarships to the staff of banking system of Tajikistan. Along with this the participants of the seminar were provided with the online access by the International Compliance Association to training materials for 3 months from the date of registration. According to the results of the targeted selection of candidates, taking into account the established qualification requirements, 36 representatives from 12 credit institutions of the country have received this opportunity”.

“The arrangement of these events is aimed at increasing the level of analytical knowledge and skills of senior employees of credit institutions, including risk management and compliance, which helps minimize the risks of international terrorism, ensure transparency, reliability, security of the country's financial system and their further integration into the international infrastructure. We can say with confidence that this event will contribute to improving the skills of experts, further improving the system of anti-money laundering and combating the financing of terrorism, as well as expanding international cooperation and optimizing correspondent relations with foreign partners, ”said H. Mashrabzoda, NBT Deputy Chairman.

We remind you that according to the agreement between the NBT and the EBRD, reached in November 2019, financial sector specialists - representatives of credit institutions of the Republic of Tajikistan, for the first time have received international certification in the field of compliance within the framework of international training program on scholarships of the International Compliance Association and the EBRD.

Press Division