New Legislation Nepal 2026

Nepal's Supreme Court ordered a probe into a 15-year-old billion-rupee loss from Nepal Airlines' Chinese aircraft purchase, citing political and administrative corruption concerns.

Nepal's Parliament passed the Public Procurement (Second Amendment) Bill 2083 to accelerate development projects, improve quality by addressing low bidding issues, and introduce an Infrastructure Court for stalled projects.

Nepal's House of Representatives passed the Prevention of Money Laundering (Third Amendment) Bill 2083 aiming to remove Nepal from the international 'Grey List' within 1.5 to 2 years by enforcing strict implementation and good governance.

Nepal proposed a draft law allowing courts to replace prison sentences with home detention under electronic monitoring, expanding parole eligibility and enabling community service as a prison alternative for sentences up to three years.

Ajeya Raj Sumargi's passport was suspended amid renewed investigations into Rs3.5 billion transfers through offshore companies suspected of illicit activity.

Despite legal amendments and political commitments, Nepal remains on the FATF grey list because of weak enforcement and significant compliance gaps including inadequate supervision of high-risk sectors and illegal hundi operations, affecting investment and banking costs.

Bishnu Paudel, Vice Chair of the Communist Party of Nepal (UML), was arrested on money laundering charges and is being transferred to Kathmandu for further investigation.

Nepal was again placed on the FATF grey list due to inadequate legal arrangements and enforcement on money laundering, resulting in higher costs and delays in foreign trade, remittances, and foreign investment.

The Financial Action Task Force (FATF) maintained Nepal on its grey list, urging improvements in anti-money laundering and counter-terrorism financing including better supervision and regulation of financial sectors and illegal money transfer activities.

Nepal's National Assembly approved the Anti-Money Laundering (Third Amendment) Ordinance 2083 to enhance financial transparency and prevent blacklisting by the Financial Action Task Force (FATF). Finance Minister Swarnim Wagle emphasized its importance for the country's international reputation.

Nepal's largest money laundering case worth over Rs 115 billion was registered at the Special Court against 39 individuals and companies, with Deepak Bhatta as the primary accused currently in police custody.

Deepak Bhatta and associates face multiple criminal charges for money laundering, banking offences, securities fraud, and insurance violations involving complex transactions and stock market manipulation in Nepal.