What is Financial Information Unit (FIU)?
1 year ago
Banking
Financial Information Unit (FIU) shall mean the Financial Information Unit (FIU established
on April 21, 2008 pursuant to Section 9 of the Assets (Money) Laundering Prevention Act, 2008
within Nepal Rastra Bank (the Central bank) as an independent unitin order to work against the
money laundering and terrorist financing activities. It is the financial intelligence unit of the
State of Nepal. It is the central, national agency accountable for receiving, processing, analyzing
and disseminating financial information and intelligence on suspicious money laundering and
terrorist financing activities.
Rusma Khadka
May 23, 2023