Goodwill Remit has completed a comprehensive review and update of its Anti-Money Laundering and Counter-Terrorism Financing (AML-CTF) policies to align with the latest recommendations from the Financial Action Task Force (FATF).
As a licensed remittance provider regulated by Nepal Rastra Bank (NRB), we are committed to maintaining the highest standards of compliance and financial integrity. This update reflects our proactive approach to regulatory compliance and our dedication to protecting our customers and the financial system.
Key Updates to Our Compliance Framework
- Enhanced Customer Due Diligence (CDD) — Updated KYC procedures for all customer segments
- Risk-Based Approach — Strengthened risk assessment methodology aligned with FATF Recommendation 1
- Transaction Monitoring — Upgraded automated monitoring systems for suspicious activity detection
- Beneficial Ownership — Enhanced procedures for identifying and verifying beneficial owners
- Staff Training — Comprehensive AML-CTF training program for all staff members
These updates ensure that Goodwill Remit remains fully compliant with both domestic NRB regulations and international FATF standards, providing our customers with a safe and trustworthy remittance service.
We encourage all customers to ensure their KYC information is up to date. For any compliance-related queries, please contact our compliance team at company@goodwillremit.com.np.
