The government has announced the formation of a seven-member task force to enhance efforts in combating money laundering and terrorist financing.
According to the Ministry of Finance, the decision was made during a meeting of the Anti-Money Laundering Steering Committee. The task force will be led by the coordinator of the National Coordination Committee.
Its members will include key officials such as the Secretary of the Commission for the Investigation of Abuse of Authority, the Deputy Attorney General from the Office of the Attorney General, the Deputy Governor of Nepal Rastra Bank, the Joint Secretary of the Ministry of Finance, the Director General of the Department of Money Laundering Investigation, and the Head of the Financial Intelligence Unit.
Additionally, the Director of Nepal Rastra Bank will serve as the member secretary of the task force. The team will work to improve coordination among agencies involved in preventing money laundering and terrorist financing.
