Anti-Money Laundering/ Combating the Financing of Terrorism (AML/CFT)
Successfully completed 3 Days training program on Anti-Money Laundering/ Combating the Financing of Terrorism (AML/CFT). The training was facilitated by Mr. Hari Kumar Nepal, who currently is Deputy Director at Nepal Rastra Bank.
Risk Management FITI is pleased to announce a program on Risk Management. Unlike other organizations, most financial institutions are highly regulated in the world. It is important that anybody who transact with financial institutes have confidence
Sound risk management strategies are fundamental components to an overall effective governance program of FIs. The increasing complexity of issues and regulatory requirements for compliance and risk mitigation is creating an ever-increasing level of skill needed for all levels of employees of financial institute.
This program is design for two-days to provide multi-disciplinary experience in risk management concept and practices. The agenda features presentation, regulatory updates and case studies.
Information System Auditing
Banks and financial institutions in the country are increasing depending on Information Technology for automating and enhancing their services and streamlining operations. Banks are also increasingly inter-connecting their systems to broaden their range of service and improve customer convenience and satisfaction. However this growing dependence on IT is posing its own challenges and risks to banks, particularly in the context of auditing the IT system, data and IT operations and providing reasonable assurance of the reliability and integrity of the data.Given this scenario, this program aims to introduce the participants to the world of auditing Information Systems. We expect the program to enable the participants to appreciate and understand the various types of IS Audits and Possible approaches to IS Audits.
Legal Compliance & Risk
Program: Importance of ensuring legal compliance and prevention of credit & legal risks by the financial institutions
To acquaint the legal personnel, loan managers and branch managers on the relevant legal provisions those are very pertinent for them to understand the laws and regulations properly. It is understandable that it may not be possible for our loan managers to know all the provisions of relevant laws of the bank and financial institutions and therefore this proposed module of training shall cover important provision of the law and regulation and ease in discharging their day-to-day duties and responsibilities. This training would provide deeper insight into laws relating to Movable & Immovable Property Act, Evidence Act and Contract Act which are the major laws that directly pertain to the Financial Institutions.