Nepal Rastra Bank (NRB) has introduced stricter disclosure requirements for investors and payment service providers (PSPs), mandating detailed reporting of transactions and personal information for investments in digital payment institutions that exceed specified thresholds.
The central bank issued the amended Unified Directive on Payment Systems, 2025, stating that the new provisions are aimed at strengthening oversight of investments in digital wallets, payment gateways, fintech companies, and other payment-related institutions.
Investment Thresholds and Disclosure Requirements
Under the new directive, individuals acquiring shares or investments worth more than 5 percent of the paid-up capital of a payment-related institution, or exceeding Rs 5 million, must submit detailed personal information to NRB.
The rule also applies to individuals seeking appointments as directors or senior management officials in such companies.
Additionally, anyone holding more than 5 percent ownership or earning capital gains exceeding Rs 2.5 million is required to disclose full financial transaction details to the central bank.
Background Checks and Asset Disclosure
Investors will also need to declare whether they are subject to any ongoing investigation, prosecution, or court proceedings in Nepal or abroad related to criminal offenses.
For Nepali citizens, the directive further requires disclosure of assets held outside Nepal, including identification of the actual beneficial owner of such foreign holdings.
Objective of the New Measures
NRB stated that these stricter provisions are intended to improve transparency, accountability, and regulatory oversight in Nepal’s rapidly expanding digital payment sector.
