Regulatory & Operational Environment for FinTech’s

Sr Main Topics Subtopics Duration Trainer Expertise

No
1 Export 1. Customer Due Diligence (CDD) of 2 hours From SBP
Regulations Exporters.
2. Retention period of Export Proceeds
with Authorized Dealers upon
Realization.
3. Export of Software.
4. Exports under Pakistan Single
Window (PSW)
5. Export of Services.
6. Retention of a part of incremental
export earnings.
7. Business-to-Consumer (B2C) E-
Commerce Exports.
8. Utilization of Funds held in Exporters’
Special Foreign Currency Account.
2 Commercial 1. Acquisition of Services from Abroad 1 hour From SBP
Remittances 2. Remittance of Royalty/Franchise and
Technical Service Fees.
3. Business Processes Outsourcing
(BPO) for Non-Core Activities.
4. Remittances to Digital Service
Provider Companies.
5. Remittances by Information
Technology Sector.
6. Payment of Dividend to Non-
Resident Shareholders.
3 Investments 1. Establishment of subsidiary/branch 1 hour From SBP
office abroad by export-oriented
companies/firms for promoting
exports.
2. Establishment of Holding Company
(HoldCo) abroad by residents for
raising capital from abroad.
3. Investment abroad by resident
companies/firms for expansion of
business.
4. Investment abroad by Resident
Individuals.
4 Account 1. Local currency accounts. 1.5 hours Banker
opening 2. Foreign currency accounts.
Sr Main Topics Subtopics Duration Trainer Expertise
No
3. Special foreign currency accounts.
4. Non-resident rupee accounts.
5. Documents and information
required for opening of account.
5 Banking 1. Accounts. 1 hour Banker
Products 2. Loans.
3. Trade (L/C, LG etc).
4. Authorized dealers.
5. Remittances.
6. Regulatory Approval System (RAS)
6 High level 1. Fit and Proper Test of BoD, 1 hour From SBP/Banker
license Management and CEO.
requirement for 2. Responsibilities of the Board of
setting up a EMI Directors & management
3. Capital requirements
7 Outsourcing 1. Material outsourcing. 1.5 hours From SBP
Regulations 2. Responsibilities of the board of
directors & management
3. Risk management in outsourcing
arrangements.
4. Outsourcing outside Pakistan.
5. Group outsourcing.
6. Collaboration with Fintechs.
7. Information technology outsourcing.
8. Activities to Cloud Service Providers
(CSP)
9. Activities cannot be outsourced.
8 Other 1. Mobile Applications (Apps) Security 3 hours From SBP
important Guidelines.
Regulations 2. Regulations for Digital On-Boarding
of Merchants.
3. Regulations for Payment Card
Security.
4. Prepaid card regulations.
5. Electronic fund transfers regulations.
6. RAAST peer-to-peer payments
9 AML/CFT 1. Risk based approach to AML/ CFT. 2 hours Banker
regulations 2. Customer due diligence (CDD)
3. Sanctions.
4. AML Systems.
5. Internal controls.
Sr Main Topics Subtopics Duration Trainer Expertise
No
6. Employee due diligence.
7. Training
10 Know Your 1. SBP. 1.5 hours Banker
Regulators 2. SECP.
3. FBR.
11 Legal Structure 1. Court Systems 1 hour Lawyer
in Pakistan 2. Contracts
12 Establishing a 1. Company Registration Process. 2 hours Lawyer
company in 2. Registration Portal.
Pakistan 3. Returns.
4. Companies Act.

 Learning hours = 18.5 hours

 Learning Days = 3 days