Kathmandu. Citizen Life Insurance Company has launched an orientation programme on prevention of financial investment in money laundering and terrorist activities. The program was organized in the presence of the company’s board of directors, founding investors, high management committee and all the concerned employees of the company at the company’s head office Thapathali.
The orientation programme was organized with the participation of state chiefs and branch managers outside The Kathmandu Valley online.
Director of Nepal Insurance Authority Shambharaj Lamichhane and Deputy Director Padam Prasad Sodari made presentations on the occasion. Bidur Bahadur Bhujel, Law, Compliance and Risk Management Officer on behalf of the company organized the event.
In this training, how can the practice of keeping details of customer property and source of income, keeping customer identification form up-to-date, making black money collected from illegal earnings and terrorist activities into white money through insurance can be controlled? Detailed information was given about its procedures, how to report, etc.
Citizen Life has been running this program on a regular basis. Chief Executive Officer of the company, Nuposh Raj Poudel, also gave presentations to other employees and agents in places outside The Kathmandu Valley.
He gave information about its importance and impact as well as the work that every employee has to do to implement it. The company has also said that it will gradually expand such a program across the country.
