Citizen Life Insurance Company Limited has completed its second training on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for agents and branch managers in Lumbini Province under its FY 2081/82 program.
Citizen Life Insurance Company Limited has successfully conducted the second phase of its training on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) as part of its capacity-building initiatives for the fiscal year 2081/82. The first phase of the training was held in Koshi Province, while the second was recently completed in Lumbini Province, according to the company.
The training program was organized on Kartik 14 at Tiger Palace by Soaltee, Bhairahawa, with participation from 225 attendees, including agents, branch managers, and company staff from various branches across the country. The session was led by Mr. Kuber Pathak, Head of the Training Department at Citizen Life Insurance.
During the training, participants were provided with detailed information on AML/CFT-related legal provisions, its implications in the insurance sector, and the policy and operational measures required to implement them effectively. The program also included practical discussions on preventing the use of insurance channels for money laundering and terrorist financing, along with the related reporting mechanisms and compliance procedures.
According to the company, the objective of the training was to make its agents, branch managers, and employees more aware, responsible, and capable in combating financial crimes, preventing terrorism financing, and promoting transparent business practices within the organization.
Citizen Life Insurance reiterated its commitment to continue strengthening the skills and knowledge of its agents and employees, ensuring trustworthy and accountable insurance services for customers and regulatory authorities alike.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
