Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal Rastra Bank (NRB), the regulatory authority for banks and financial institutions (BFIs), has implemented new directives regarding the appointment of compliance officers and the reporting of suspicious transactions. The central bank issued a circular mandating BFIs to establish a dedicated AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism)...
