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Bill on money laundering prevention to advance thru fast track

Khabarhub

February 1, 2023

< 1 MIN READ

Bill on money laundering prevention to advance thru fast track

Building of the Ministry of Finance at Singha Durbar in Kathmandu. (File photo/Khabarhub)

KATHMANDU: The government is working to advance the bill designed to make amendments to the Money Laundering Prevention Act.

The Ministry of Finance has decided to forward the bill designed to amend some acts relating to money laundering control and promotion of a professional environment through fast track.

Minister for Finance Bishnu Prasad Poudel said the draft of the bill would be tabled before the council of ministers and would be sent to the Federal Parliament through a fast-track process.

He said that the provisions of money laundering prevention would be considered adding that the government would not let the country’s image downgrade at the international level.

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