Nepal Life Insurance Completes Special Training on AML/CFT

Kathmandu. Nepal Life Insurance Company has completed a special training program on Anti-Money Laundering and Combating the Financing of Terrorism. 

The program held in Kathmandu was attended by the company's board of directors, senior management, and departmental heads.

In the training, Nepal Rastra Bank Director and expert Dr. Hari Kumar Nepal provided information on the legal provisions of the insurance sector, risk identification, customer identification, and identification of suspicious transactions. He gave a detailed presentation on international practices and practical implementation.

On the occasion, company director Kamlesh Kumar Agarwal said that institutional governance and compliance make the company safe and sustainable.

 Chief Executive Officer Praveen Raman Parajuli informed that regulatory requirements have been effectively implemented in the company's daily operations. The company stated that such programs will help strengthen financial transparency and reduce financial crime.