Kathmandu. KATHMANDU: Citizen Life Insurance Company Limited has conducted the second training on Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT). This is the second phase of the trainings conducted in the current fiscal year 2081/82. The first training was completed in Koshi Province and the second in Lumbini Province.
A total of 225 people including agents, branch managers and staffers from different branches of the country attended the program held at Tiger Palace by Soaltee in Bhairahawa on Kartik 28. The training was conducted by Kuber Pathak, head of the company’s training department.
The training covered the legal provisions related to AML/CFT, its impact on insurance sector, policy and practical aspects to be adopted in practice.
In addition, practical reference was given on how to control the attempt to convert illegal earnings and terrorist proceeds into white money through insurance, its procedures and reporting systems.
According to the company, the objective of this training is to make agents, branch managers and other co-workers more aware and competent in controlling economic crime, prevention of terrorism financing and promotion of transparent transaction culture.
KATHMANDU: Citizen Life Insurance Company Limited has pledged to continue its responsibility of providing responsible and trustworthy insurance service to customers and regulators by enhancing the capacity of its agents and employees.
