Tariq Bakhtawar Consultant
- Senior Chartered Accountant
- Anti-Money Laundering Specialist (CAMS)
- Development sector
- Regulatory authorities
- Independent consulting
Senior Chartered Accountant (FCA) and a Senior Certified Anti-Money Laundering Specialist (CAMS) with a diversified work experience covering over two decades in the industry, development sector, regulatory authorities and independent consulting. This diversified working exposure, at the most senior level, ensures an edge in fully understanding Financial & Regulatory dynamics, workings and risks.
As Director Insurance at SECP, carried out a comprehensive review of the organization’s reporting framework as required of insurance companies, and checked the utility of each such return/ report from the perspective of Ease of Doing Business, Quality, Relevance, etc.
Senior Chartered Accountant (FCA) and a Senior Certified Anti-Money Laundering Specialist (CAMS) with a diversified work experience covering over two decades in the industry, development sector, regulatory authorities and independent consulting. This diversified working exposure, at the most senior level, ensures an edge in fully understanding Financial & Regulatory dynamics, workings and risk……….
Being Chairman of MEFIN enriched his understanding of the insurance sector, its challenges and growth potential.
Being a regulator at SECP has been instrumental in improving his understanding of the monitoring aspect and compliance issues faced by different industries and helped him grasp the spirit of the applicable statute. Developed and implemented a Risk Based Supervision model, introduced a Supervisory Ladder & Early Warnings framework and created a Financial Reporting Surveillance Program for the insurance sector, while working with the Insurance Division of SECP he also benchmarked the division against the Insurance Core Principles of the International Association of Insurance Supervisors, where he identified gaps which were then reported along with solutions to the Commission for corrective measures. More info online pokies club.
As the Director Enforcement with the SECP, reviewed financial statements to check compliance with Code of Corporate Governance and the regulatory framework for listed companies. Was instrumental in setting up of the “Fraud Investigation Unit” at the SECP, to investigate high profile “white collar crimes”, giving shareholders the protection against siphoning of wealth. This affected recoveries in certain cases as well.
Worked as Director General of the Competition Commission of Pakistan, which broadened his horizon and exposure, allowing him to develop an understanding of multiple issues.
Pakistan Poverty Alleviation Fund allowed him to develop systems for the End-To-End (E2E) validation of transactions to assess associated risks, controlling parameters and their strengths.