Financial Information Unit - You should know everything!
Financial Information Unit FIU-Nepal Table of Content Definitions Egmont Group History Core Functions Roles & Power Egmont Group of FIUs Origin: The Egmont Group is a united body of 159 Financial Intelligence Units (FIUs). The goal of the Egmont Group is to provide a forum for FIUs from around the world to improve cooperation in the fight against money laundering and financing of terrorism and to foster the implementation of domestic programs in this field. FIU-Nepal is a member of Egmont Group. FIU-NEPAL ( Financial Information Unit) History: The FIU was established on 21 April, 2008 under the section 9 of the Assets (Money) Laundering Prevention Act (ALPA), 2008 with the Nepal Rastra Bank (the central bank) as an independent unit. However FIU-Nepal became member of Egmont Group on June 10, 2015, as a member of the Egmont Group Definitions: FIU-Nepal is Nepal’s financial intelligence unit . It is a central, national agency respons...