Nepal strengthens anti-money laundering measures, expands international cooperation, and boosts financial crime detection.
KATHMANDU – Suspicious financial activity in Nepal is on the rise. The Financial Information Unit (FIU–Nepal) reports a nearly 30% jump in Suspicious Transaction/Activity Reports (STRs/SARs) for the fiscal year 2024/25, signaling stronger monitoring and sharper risk detection across the country’s banking system.
Over 4,857 STRs/SARs were received through the goAML system, prompting FIU–Nepal to prepare around 40% more Financial Intelligence Reports and share them with agencies including Nepal Police, the Inland Revenue Department, and the Anti-Corruption Commission. The move has boosted investigations into money laundering, terrorist financing, and other organized financial crimes.
The report also highlights upgraded security and confidentiality measures, revised goAML operational guidelines, and improved management of cross-border financial risks. FIU–Nepal has conducted capacity-building and awareness programs for banks, regulators, and law enforcement to strengthen Nepal’s financial defenses.
On the global front, FIU exchanged 64 pieces of intelligence with foreign counterparts and played a key role in helping Nepal exit the Asia Pacific Group’s “grey list” after the 2023 mutual evaluation.
Looking ahead, FIU–Nepal plans to prioritize risk-based monitoring, tech-driven analysis, and tighter inter-agency and international coordination. The full report is available on the FIU–Nepal and Nepal Rastra Bank websites.
Happy
Sad
Wonderful
Excited
Angry
