Nepal Faces Challenges in FATF Grey-List Exit Amidst Anti-Money Laundering Efforts

Nepal is on the grey-list of the Financial Action Task Force (FATF) on Anti-Money Laundering. Being on this list has not only changed the international perception of Nepal but has also led to problems such as increased costs and delays.

Nepal was most recently placed on the grey-list on February 21, 2024 (Falgun 9, 2081 BS). Although the goal was to be removed from this list within six months, a year has passed without progress.