Nepal to Exit FATF Grey List Ahead of Deadline, Vows Finance Minister Paudel
24htopnews | March 7, 2025 8:04 PM CST
Nepal’s Finance Minister Bishnu Paudel vowed to remove Nepal from the FATF grey list before the two-year deadline. He blamed the previous government for the country’s inclusion. Nepal was placed back on the list after the FATF plenary meeting (Feb 17-21) in Paris, having previously been listed from 2008-2014. Along with Laos, Nepal was added for anti-money laundering and counter-terrorist financing deficiencies. Despite progress, Nepal missed the October 2024 deadline. To exit, it must enforce stricter financial regulations and oversight to avoid blacklisting.
READ NEXT
-
'Such Acts... Deeply Hurt The Religious Sentiments': Makers Of Kantara Chapter 1 Urge People Not To Mimic Dhaivaradhane
-
Brits trust AI and Google over gut instincts for big life decisions, study finds
-
The Diplomat season 3 release date, cast and trailer as new stars join series
-
Popular British brand opening first-ever UK store in iconic location
-
David Raya joins Arsenal teammate in secret contract agreement as Gunners reward great form
