NEPAL GOVERNMENT OFFICIALS HOPE AML/CFT REFORMS OF PAST DECADE WILL PROMPT POSITIVE APG REPORT IN UPCOMIGN REVIEW
March 2nd, 2020
ANTI-money laundering authorities in Nepal hope an upcoming 2020-21 review by the Asia/Pacific Group on Money Laundering (APG) will conclude this Himalayan state is at least largely compliant with all FATF recommendations and special recommendations, although experts admit the review will be tough.
Sanjib Subba, a former CEO of Nepal’s National Banking Institute, told MLB, that AML/CFT professionals were getting ready: “Training of personnel in various Nepalese financial departments is in full swing,” including among private financial institutions and ...
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