Nepal Remains on FATF 'Grey List' Amid Ongoing Scrutiny

Kathmandu. The international body for preventing money laundering, the Financial Action Task Force (FATF), has kept Nepal on its 'Grey List' for money laundering. The FATF, in its latest report on the global status of preventing money laundering and terrorist financing, has continued Nepal's inclusion in the same list.

According to the report released on Friday after the FATF plenary meeting in Paris, France, Nepal still remains on the high-surveillance list, i.e., the 'Grey List'.