•      Wed Jun 25 2025
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Suspicious transaction on money laundering up by 49 percent



NRB

Kathmandu, May 20: The financial information unit’s report for the year, 2024 has shown alarming rise on suspicious transaction on money laundering and related activities in a year. The unit of Nepal Rastra Bank made public the report today.

The number of reports on suspicious transaction and activities listed firms as per Anti-Money Laundering Act, 2064 was 6,255 in 2023 which reached 9,304 with the increase by 49 percent in 2024, according to NRB.

During the reporting period, total 1,894 reports were analysed. Among these, 1,086 were sent to related agency for further investigation and necessary action. The NRB has also documented 808 cases for further analyses in case of need in future.

The firms listed at NRB had submitted as many as 1.7 million transaction details made as per sealing in 2023, while the number shot to 1.97 million in 2024.

Even the number of institution relating to anti-money laundering witnessed increasing trend- 1905 in 2024, while there were 1,496 such institutions in 2023.#nepal #political #rss