EXCLUSIVE: Nepal faces black listing warning as anti-money laundering reforms stall

A confidential briefing note prepared by APG Secretariat, and obtained by Kantipur, describes Nepal’s progress as disappointing and warns that the September 2026 review will be the decisive moment.

The Asia/Pacific Group, the regional arm of the international anti-money laundering watchdog, the Financial Action Task Force (FATF), has warned Nepal that it risks being placed on the black list if it fails to demonstrate sufficient progress on financial crime reforms. In unusually direct language, the APG said Nepal's efforts to exit the grey list have been disappointing.