Posted on: 1st Jul 2019
Part V, section 1 of NAICOM Act on Anti-Money Laundering/Combating the Financing of Terrorism has mandated for an insurance institution to have in place the Anti-Money Laundering/Combating the Financing Terrorism training for her employees, at least once in a year.
African Alliance Insurance employees concluded the AML/CFT training for her staff on the 27th of June, in respective areas of interests.
The training is conducted during the second quarter of the year with the returns being filed to NAICOM and Nigerian Financial Intelligence Unit (NFIU) on a quarterly basis.
Find out the right products for you
Find out nowCalculate Premium
We are only a click away