In the fiscal year 2081/82, 9,565 complaints of suspicious financial transactions were registered with the Financial Intelligence Unit.

The number of complaints in the last fiscal year has increased by about 30 percent compared to the previous fiscal year. The annual report released by the Financial Information Unit of the Nepal Rastra Bank (NRB) has stated that the collection of financial information through the online complaint mechanism ‘GoAML’ system has increased significantly.

‘The number of reporting entities affiliated with GoAML has increased from 1,639 in FY 2080/81 to 3,497 in FY 2081/82,’ the report states. ‘During the same period, the unit has received 9,565 suspicious transaction/activity reports.’

It is said that suspicious transaction complaints have also increased in FY 2081/82 due to the preparation of guidelines on information security, confidentiality and use, issuance and updating of reporting guidelines, and updating guidelines on suspicious transactions and cross-border transactions. The report states that the unit has conducted targeted capacity development, orientation and awareness programs for indicator organizations, regulatory bodies, law enforcement agencies and other stakeholders throughout the year, and the expected improvements have been achieved in this area.