02-May-2025 As Nepal faces rising risks of money laundering and financial crime, Suspicious Transaction Reports (STRs)...
Articles
A Deep Dive Into Nepal’s STR and TTR System
As Nepal faces rising risks of money laundering and financial crime, Suspicious Transaction Reports (STRs) and Threshold Transaction Reports (TTRs) play a vital role in detecting and disrupting illicit activity. This article offers a deep analysis of Nepal’s STR/TTR regime, evaluates its legal and procedural structure, reviews 2023/24 reporting trends, benchmarks practices against FATF standards and global peers, and recommends actionable reforms.
