KATHMANDU, Feb 19: Nepal Rastra Bank (NRB) has enforced the ‘Cyber Resilience Guidelines’ since August 2023 targeting to improve the measures implemented by the banks and financial institutions (BFIs) to safeguard their clients from possible risks to online transactions.
KATHMANDU, Feb 18: The meeting of the House of Representatives (HoR) on Sunday approved the proposal seeking consideration of 'Banking Offenses and Punishment (Second Amendment) Bill, 2080 by a majority.
KATHMANDU, Oct 18: A proposed amendment to the Banking Offenses and Punishment Act, aimed at imposing severe penalties for check bouncers, has been introduced to the Federal Parliament. The amendment bill, registered in the House of Representatives, includes provisions for up to two years of imprisonment in cases of check bouncing.