Kathmandu. IME Life Insurance Company has completed training on Money Laundering, Terrorist Activities and Financing of Weapons of Mass Destruction (AML/CFT). The company has imparted training to the Chairman, Members, Managers and Heads of the Board of Directors on anti-money laundering, terrorist activities and financing of weapons of mass destruction.
In the training, the training was imparted on the legal provisions in the directives issued by the regulatory body related to the existing Act, Rules and Regulations related to Money Laundering, Terrorist Activities and Financing in the Manufacture or Expansion of Weapons of Mass Destruction.
It also informed about the new anti-money laundering, terrorist activities and financing of weapons of mass destruction that have been issued by the regulatory body some time ago.
Speaking at the training program, Chairman of the Board of Directors, Dr. Ramhari Aryal emphasized on the equal contribution and responsibility of the management, departmental heads and all employees in the prevention of money laundering.
He also expressed confidence that compliance with anti-money laundering laws would help to strengthen the company’s internal control and good governance and enhance the confidence of customers and investors.
Speaking at the end of the training, Chief Executive Officer of the company, Mr. Pawan Kumar Khadka directed the managers, department heads and all employees of the company to be committed to follow the legal provisions related to money laundering, terrorist activities and financial investment in the manufacture and expansion of weapons of mass destruction.
