Symposium on money laundering

Kathmandu, March 21:

Nepal needs to take strong measures to stop money-laundering as it might destroy the complete financial system of the country, said Dipendra Bahadur Chhetry, central bank

governor inaugurating a day-long symposium on ‘Money Laundering’, here in the Valley


“The financial sector could help check the money laundering,” he added.

“The financial institutions should strictly follow the anti-money laundering law as its their

responsibility, the governor of the central bank — that has prepared a draft regulation on money laundering — said.

Nepal Rastra Bank (NRB) is also going to strengthen its Financial Information Cell (FIC) to

keep track of in-flow and out-flow of money.

Around 250 participants took part in symposium.