IME Life Insurance conducts training on AML/CFT compliance
He highlighted that effective compliance with the law is crucial for strengthening institutional governance and building trust among customers and investors.
KATHMANDU: IME Life Insurance Company has organized a comprehensive training session focused on the prevention of money laundering, terrorist financing, and financing related to the production or expansion of weapons of mass destruction (AML/CFT).
According to the company, board directors, senior management, and department heads participated in the session, which covered existing laws and regulations, directives issued by regulatory authorities, and recently introduced legal provisions related to AML/CFT.
Speaking at the event, Chair Dr. Ramhari Aryal emphasized that preventing financial crimes is a shared responsibility—from top management to department heads and all employees.
He highlighted that effective compliance with the law is crucial for strengthening institutional governance and building trust among customers and investors.
Similarly, in the closing session, Chief Executive Officer Pawan Kumar Khadka instructed all managers and employees to fully adhere to AML/CFT-related legal requirements in their daily operations.
The company noted that such training programs are expected to enhance internal control systems and improve coordination with regulatory bodies, making compliance efforts more effective.
