Nepal Introduces Remedial Measures and New Money Reporting Threshold for Casinos to Improve AML Standards.

In February 2025, Nepal was added to the Financial Action Task Force's (FAFT) ‘grey list’ which identified the jurisdiction at a higher risk of money laundering. The body cited it was due to a ‘lack of stringent monitoring over financial transactions, especially link to illicit money flows, corruption and tax evasion.’

The Nepalese Government have responded by introducing remedial measures to financial Institutions, business and online casinos to work towards removal from the list. Gaming entities are now required to track and report transactions over $7,400 within 24 hours.

In addition to transaction monitoring, Nepal’s Financial Information Unit have established stronger know-your-customer (KYC) measures for online casinos to follow, including monitoring and risk evaluations, to strengthen its sector’s compliance standards. In addition to several new measures including, 24-hour surveillance on all games, biometric ID systems at entryways, and retaining game footage for 6 months.

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