Digital Security And Accountability

Due diligence, a crucial legal and ethical standard, demands proactive measures to prevent harm across digital, financial, and social domains. It ensures accountability by setting expectations for governance, compliance, and corporate responsibility. In Nepal, due diligence applies across key areas like cybersecurity, anti-money laundering (AML), and human rights. However, systemic gaps in enforcement reveal challenges in aligning domestic frameworks with global standards such as the General Data Protection Regulation (GDPR), the Financial Action Task Force (FATF), and the United Nations Guiding Principles on Business and Human Rights (UNGPs). Understanding these gaps and addressing them is essential for enhancing Nepal’s governance and accountability mechanisms while preparing the country for modern global challenges.