Action Plan For Exiting fatf Grey List

Nepal has once again fallen into the grey list of the Financial Action Task Force (FATF). During the plenary meeting of the FATF held in Paris from February 17 to 21, 2025, Nepal, along with Laos, was placed on the grey list. Before that, the Asia-Pacific Group on Money Laundering (APG) had reviewed and evaluated Nepal’s performance on money laundering and allied fronts and found weaknesses in the enforcement, investigation and prosecution of financial crimes and inadequate monitoring and regulation of high-stakes sectors such as real estate and cooperatives. The APG then recommended that Nepal be listed on the grey list.