The Securities Board of Nepal (SEBON) has introduced stricter anti-money laundering and counter-terrorism financing measures for Nepal’s securities market through the Anti-Money Laundering and Combating the Financing of Terrorism Directive, 2083. Issued on Ashoj 30, just before the Dashain holiday, the directive took effect immediately and applies to stockbrokers, merchant bankers, stock exchanges, other market intermediaries and investors. Under the new