Finance Minister Wagle calls for stronger anti-money laundering provisions
Summary
Finance Minister Swarnim Wagle called for stronger anti-money laundering provisions and approved amendments to centralize financial crime investigations in Nepal.
Key Points
- Finance Minister Swarnim Wagle emphasized the need to strengthen the Department of Money Laundering Investigation.
- Amendments to the Anti-Money Laundering Act aim to centralize financial crime investigations.
- Discussions are ongoing about creating a dedicated entity to oversee all economic crimes.
- The revised Anti-Money Laundering Act was approved by the Legislative Management Committee.
