APG delegation holds discussion with IGP Karki on grey list exit efforts

Kathmandu, May 19: A delegation from the Asia/ Pacific Group on Money Laundering (APG) held discussions with Inspector General of Police (IGP) Dan Bahadur Karki on Nepal’s ongoing efforts to exit the Financial Action Task Force (FATF)'s 'grey list'.

The meeting took place at the Nepal Police Headquarters in Naxal, Kathmandu today. 

During the meeting, IGP Karki briefed the delegation on the measures being implemented to remove Nepal from the enhanced monitoring list, commonly known as the 'grey list'. 

Karki highlighted the role of the Nepal Police as a key law enforcement agency in implementing the country’s action plan.

He also shed light on the coordination between Nepal Police and other stakeholder agencies to strengthen country's anti-money laundering framework as well as the responsibilities the Nepal Police is shouldering to this end, according to the Police Headquarters. 

During the meeting, both sides expressed their commitment to bolstering mutual cooperation, enhancing international coordination and strengthening information sharing to combat financial crimes, said the Police Headquarters.

They also discussed capacity building of police personnel and enhancing technical assistance to further improve enforcement mechanisms.

The APG delegation comprised Deputy Executive Secretary David Shannon and Policy Officer Kiah Sassall. 

Present in the meeting were officials from the Financial Information Unit, Joint-Secretary of the Office of the Prime Minister and Council of Ministers, the Director of the Nepal Rastra Bank as well as senior police officers. (RSS)