International AML/CFT Conference Begins in Kathmandu Amid FATF Grey-List Challenge
Summary
A two-day international conference on Anti-Money Laundering and Combating the Financing of Terrorism has started in Kathmandu, focusing on Nepal's efforts to address FATF grey-listing and improve financial crime controls.
Key Points
- A two-day international AML/CFT conference has begun in Kathmandu organized by Nepal Rastra Bank.
- Governor Prof. Dr. Biswo Nath Poudel highlighted the challenge and opportunity of Nepal being on the FATF grey list.
- Experts from South Asia and Mongolia are discussing regulatory, judicial, and supervisory practices to combat money laundering.
- The conference aims to strengthen Nepal's legal and implementation frameworks by learning from global best practices.
