MEEZAN BANK LIMITED
In order to comply with Bank's obligations as prescribed by CDD/ KYC/ AML/CFT Laws of Federal
Government of Pakistan as well as those of the Central Bank (State Bank of Pakistan) we filled-up the
questionnaire.
"Scheduled
aThe
Scheduled
Estate
•MEEZAN
Bank
was
aSITE,
Islamic
IIIin
\~
as
hlCh
Institution
is
not
Shell
Bank*
BANK
LIMITED
Bank
The
was
1984.
Official
Website
Address:
(anot
untn
does
maintain
Shell
Banks
Taxation
External
Auditor:
Identification
No:
0787226-7
Karachi,
Avenue,
granted
The
bank
was
incorporated
Pakistan
onFerguson
January
foraccounts
Meezan
House
C-25,
Legal
Principal
Place
of
Business
(Address):
1I:8JYes
1 2002
regulated
tinandal
sen' u •..group that
Name
of
Institution:
State
Banking
Is
there
Bank
License
of
any
Pakistan
Regulatory
No:
(Central
Authority
Bank)
Name
of
Local
Licensing
Authority
State
and
Bank
of January
Pakistan
(Central
Bank)
~lrna'1agemen'),
http:/
/for
www.meezanbank.com
&and
Co.
Chartered
Accountants
p t1w
A.F.
BL-01Dated:
31,
DNo
I:8JYes
Section
I Status:
-Ordinance,
General
Information
•
1987.
Certificate
of
Commencement
of
Business
was
5
6
ment
Finance
Company
on
rcial
Bank
from
March
20,
2002.
cense
on
January
31,
2002
formally
and
commenced
operations
1
rlision.
Institution?
issued
as
August
permitted
on
8,
September
1997
under
and
carried
29,
SRO
1997.
585(1)/87
out
investment
dated
banking
July
13,
Companies
27,
1997
as
a
public
limited
company
under
the
Bank Arrangements
* ':;hell HallA n'l'ans 1 n,m" that has no ph, <;lCd! prt"ienlt' ('11Ine
1
Please indicate Stock Exchange Name(s) & Symbol(s) on which shares are traded:
The shares of Meezan Bank are listed on Karachi Stock Exchange (KSE). The symbol code is 'MEBL'.
2
Major Shareholding
Name and Domicile
Noor Financial Investment
Pakistan
Ltd.
Kuwait
Investment
Islamic Development
I\n "Ol-Vnlr
Co. (Pvt.)
Bank, Jeddah
OJ legal l
30%
Direct
9.32%
Direct
Ch\ l'i ur
t dt, dill'cth
b interests in the I sntutior
X'V)1
0.;
securities or otht r V)
3
(5% and above) Names of all owners** and their ownership
Ownership
interest
Nature
of
eM
(direct/indirect)
49.11 %
Direct
Co, Kuwait
It\
Have there been any significant changes in ownership over
the last five years? If yes, please provide details:
Noor Financial Investment
Company, Kuwait acquired
33.41 % shareholding
of the Bank during the period of last
five years.
interest:
ownership
l lPt l
I:8JYes
DNo
4
DNo
Are there any Politically Exposed Persons*** among your
I:8JYes
Institution's
ownership
structure
and
executive
mana ement? If es, lease rovide details name and role:
HE. Sheikh Ebrahim Bin Khalifa AI-Khalifa is the Chairman of Board of Trustees of Arab Regional Centre
for Entrepreneurship
Kingdom of Bahrain.
Politic,.! \
eithu domesticall}
and Investment
Training for United Nations Industrial
)erspns (PEPs) are indi\ i Juab \\ hl> .ll
or b\
rl
foreign co[ nb \, or In an intl',t'dtl
of governll'ent, "~'1 or pol!tic.ans, se.lIor gO\ er'1m~ nt, J. l
state owped coq'(lratIOnsj departm 'nts/ .lUtonOmOlJ'i 'Oll
ll1 \: [duals i 1 till tnregomg Cc'tl'gone'i
ranking or 11P l J
P1"
ntrusted
tor l em 1 l
r llll.ItctTVotfic iab, 'iel I
1.S (toes not mtt III ,(
Please provide the principal types of Business Activity
a)
b)
c)
Islamic Commercial
Corporate
CommercialjSME
Banking
d)
Consumer
e)
f)
Investment Banking
Retail Banking
g)
On Line Banking & Trade Services
,
Banking
~~
Terrorist
and
AML
for
and
tothe
Officer
designated
a Financial
that
is
prevent
Money
Laundering
AML
compliance
program
require
approvalprogram
oflaws
the
Compliance
Does
the
DNo
FI
a Institution's
legal and
regulatory
compliance
coordinating
overseeing
the
FI have
developed
written
documenting
Has
the
(FI)policies
country
established
I:8JYes
2
4
which has been3 approved1
senior
by management?
management
of the FI? that has been approved by
nd
report
senior
suspicious transactions
~~~~.
Organization,
\\ ith proml ~ent p" ,Ii,
'1 ganization,
Section IV - Business Activity
1
Development
f •• ll
"tion<,
Il al 0.; of C,tdtl
eXll.t \ es It
( \ el middle
dit
by
ose
In
the
addition
tthe
o by
FI
the
Does
with
inspections
5 have
government
Is
and
directed
FI fully
have
compliant
byPayable-through
appropriate
Central
with
(State
therecord
Bank
FATF
accounts?
of
retention
recommendations
Payable-through
procedures
as
policies
covering
relationships
D
No
Does
the
the
DNo
FI
FI
offer
require
anonymous
that
details
its Bank
for
AML
accounts?
outgoing
policies
wire
and
transactions,
practices
~No
~Yes
~Yes
DYesbe
~Yes
6
7
policies
and
on
a regular
basis?
10
associates?
8
9
function
or other
independent
third
party
(10
after
temlination
of
Relationship)
thirdYears
parties
topractices
transact
business
on
their
own that
behalfassesses AML
12
Section II - Risk Assessment
13
Does the FI have a risk focused assessment of its customer
base and transactions of its customers?
~Yes
14
Does the FI determine the appropriate level of enhanced due ~Yes
diligence necessary for those categories of customers and
transactions that the FI has reason to believe pose a
heightened risk of illicit activities at or through the FI?
of
well
the
understand
Does
FI
collect
information
assess
FI customer's
the
FI
to
tand
he
normal
risk
customers
based
onidentification
street
name
as
asrequirement
the
address,
nationality,
number,
identification,
Has
Does
telephone
the
the
FI
FIimplemented
have
procedures
systems
toand
establish
for
the
aitsrecord
for
of
each
its
have
athe
toCustomer,
collect
information
take
steps
DNo
~Yes
~Yes
~Yes
Section
Know
Your
Due
Diligence
and
Enhanced
of number and
name,
18
and
Know
Your
Customer
Information
collected
at
account
16
17 type official
19
rth,
of
valid
recorded
transactions,
account
opening,
etc.
(for
example;
nts
15
opening?
III -
DNo
DNo
Due Diligence
Section IV - Reportable Transactions and Prevention & Detection of Transactions
with Illegally Obtained Funds
20
Does the FI have policies or practices for the identification
and reporting of transactions that are required to be reported
to the authorities?
~Yes
DNo
V
ks
at
es
23
22
with the
are
that
banks
21 properly
correspondent
FI
to the Wolfsberg
Transparency
Principles
Does
FIadhere
have policies
policies
reasonably
ensurethat
that
it only
DNo
have
totoreasonably
ensure
they
will
[gIYes
[gIYes
and
MT 205j205COV
message
formats?
through
any of its accounts
or products?
Section V - Transaction Monitoring
24
29
26
28
27
Does the FI have a monitoring program for suspicious or
unusual activity that covers funds transfers and monetary
instruments (such as travellers checks, money orders, etc.)?
Does
FItheDoes
to
employees
FIemploy
provide
AML
training
relevant
employees
regarding
FI
retain
records
ofcommunicate
its training
sessions
including
have
policies
toto
new
AML
related
provide
training
the
FI
agents
carry
outtosome
of the
functions
DNo
[gINo
[gIYes
[gIYes
DYes
Section VI
-the
AMi
Training
25
laundering?
different
must
products
be and
reported
forms
services
of tomoney
and
government
internal
laundering
policies
authorities,
involving
to prevent
examples
the
money
FI's
of
to relevant
employees?
[gIYes
DNo
I hereby confirm that the statements given above are true and correct. I also confirm that I am authorized
to complete this document.
_________
S_a_le_e_m_w_a_f_a_i
Date:
Official Contact Address:
Telephone No(s):
E-mail Address:
~[]J-·
October, 2014
Meezan House C-25, Estate Avenue, SITE Area, Karachi, Pakistan
+92-21-38103578
saleem. [email protected]
Please send queries to: [email protected]
(OR) via fax number: (+92-21)(36406046)
(OR) via courier to the following postal address:
Compliance Division
Meezan Bank Limited
Meezan House C-25, Estate Avenue, SITE Area,
Karachi, Pakistan.
_