Activities calendar

17 March 2018

Risk in Document Handling

In financial sector, processing of important documents is a key issues. As preveention is always better than cure , better processing of of such documents is always essential to prevent fraud in initial stage. Study shows that in most of cases, lack of efficiency in handling document invites major fraud issues in financial sectors. Also to implement Know Your Customer (KYC)rule strictly, proper documentation is major tool. This program deals with several issues to get solution with more case study those happened in Nepalese banking.

 

 

Remittance Operations @ Biratnagar

The country received the inward remittance of about Rs 550 billion in In FY 071/72 only, which is about 20% on the total GDP of the country. Notably, Nepal is ranked in the 7th Position in terms of remittance's contribution in the GDP.

Whilst the inward remittance is contributing significantly in the economy and enabling to uplift the life standard of people and supporting BFIs to increase FCY trading / revaluation gain and fee income, many operational risk events are also taking place along with increase in remittance business.