The Central Bank of Nepal’s Financial Information Unit (FIU) published its annual report for fiscal year 2081/82 (2024/25), setting out the Unit’s policy and operational work on anti-money laundering, combating the financing of terrorism, and countering proliferation financing (AML/CFT/CPF), including reporting flows, analysis and dissemination, and domestic and international coordination. Over the year, the FIU prepared guidelines on information security, confidentiality and use, issued and updated AML Operational Guidelines, and updated guidance on suspicious and threshold transaction reporting. Use of the new AML system increased, with connected reporting institutions rising from 1,934 in FY 2080/81 to 3,428 in FY 2081/82; the FIU received 2,959 suspicious transaction/activity reports (STRs/SARs), around 31% more than the previous year, and reported a roughly 51% increase in analysis of received reports. Following analysis, the FIU transmitted 45 Financial Intelligence Reports based on 45 STRs/SARs to Nepal Police, the Department of Revenue Investigation, the Revenue Investigation Department, the Commission for the Investigation of Abuse of Authority, and other law enforcement agencies, and exchanged 64 items of information with 64 foreign financial intelligence units. The report also covers coordination work following the Asia/Pacific Group on Money Laundering (APG) mutual evaluation in 2023 and Nepal’s placement on the “Jurisdiction Under Increased Monitoring” list. Forthcoming priorities include a stronger risk-based approach, greater use of technology-based analysis, enhanced inter-agency coordination, and improvements aligned with international standards, alongside efforts to strengthen analytical quality and the effectiveness of national and international cooperation.
Central Bank of Nepal 2026-01-13
Central Bank of Nepal Financial Information Unit annual report highlights expansion of the new AML system to 3,428 reporting institutions
The Central Bank of Nepal's Financial Information Unit published its annual report for fiscal year 2081/82 (2024/25), highlighting increased anti-money laundering and counter-terrorism financing activities, including a 31% rise in suspicious transaction reports and a 51% increase in report analysis. Future priorities include adopting a risk-based approach, enhancing technology use, and improving inter-agency coordination and international cooperation.