Nepal Rastra Bank registered 7,338 cases of suspicious transactions in the fiscal year 2023/24, which was 24% more than the cases that the central bank received in the previous fiscal year.

A recent report by Nepal Rastra Bank (NRB) shows a significant increase in suspicious financial transactions reported by banks and financial institutions (BFIs), with 1,403 additional cases submitted to the Financial Intelligence Unit (FIU), operating under the NRB, during the review period. 

Despite the rise in reports, NRB reviewed only 1,635 cases—about 22% of the total—highlighting a gap between reporting and investigation. Out of those, 889 cases were forwarded to relevant government authorities for further investigation, a noticeable increase from the 505 cases recommended in the previous fiscal year (2022/23).

As per the NRB report, a total of 1,639 government entities related to investigations and regulatory bodies have now been incorporated in the goAML system. It is the software system developed by the United Nations Office on Drugs and Crime for financial intelligence units worldwide to combat money laundering and terrorist financing.