1. Presented by: Saad Mazhar

2. Introduction History Functions Risk management Terrorism financing Money laundering Recommendation 3. Barclays is a British multinational banking and financial services company headquartered in London. Based on internationally recognized standards. Since then, they have been adopted by more than 73 banks from 25 countries. Barclays had total assets of US$2.42 trillion, the seventh-largest of any bank worldwide. 4. Barclays is a 300 year old global financial services provider. Barclays Pakistan started functioning in the country around 3 years back and currently Barclays has over 4,750 branches across around 50 countries, of which around 1,600 are in the United Kingdom. 5. In Pakistan, Barclays offers: Personal banking Premier banking Corporate Banking 6. Barclays has clear risk management objectives and a well-established strategy to deliver them, through core risk management processes. Ensuring of business growth plans are properly supported by effective risk infrastructure. Managing the risk profile to ensure that specific financial deliverables remain possible under a range of adverse business conditions; and help executives improve 7. Terrorist organizations derive income from a variety of sources, often combining both lawful and unlawful funding, and where the agents involved do not always know the illegitimate end of that income. Launder the funds used in financing the terrorist activity or resulting from that same activity. Terrorist builds and maintains an infrastructure to facilitate the development of sources of funding, to channel those funds to the providers of materials and or services to the organization 8. Black money or illegal money which cleanliness through banking channels by means of deposits, foreign remittances or pay order is called money laundering.