Insights

Banking and Finance

Foreign Investors going to be allowed to borrow loan from Abroad

Foreign Investors going to be allowed to borrow loan from Abroad

Nepal Rastra Bank (NRB) has issued Foreign Direct Investment and Loan Management By-law, 2077 (2021 AD) as a Consultation Document to the general public vide notice dated 9 February 2021. The draft document includes, among others, the provisions relating to approval...
Foreign Currency Loan up to 60% from Foreign Investor

Foreign Currency Loan up to 60% from Foreign Investor

Nepal Rastra Bank (NRB) has recently revised one of its earlier circular to ease the process of taking loan in foreign currency by the Nepalese company with foreign investment from their foreign investors. According to the revised circular, Nepalese company with...
Cyberattack hits New Zealand’s central bank on Jan 13th

Cyberattack hits New Zealand’s central bank on Jan 13th

Cyber-attack is an attempt to gain illegal access to a computer or computer system for the purpose of causing damage or harm. It compromises confidentiality, integrity and/ or availability of the data, which may have greater financial and reputational impact to the...
Occupational Fraud and Nepalese Scenario

Occupational Fraud and Nepalese Scenario

WHAT IS FRAUD Fraud is defined as “A knowing misrepresentation of the truth or concealment of a material fact to induce another to act to his or her detriment.” (Black’s Law Dictionary) Nepal Standards on Auditing (NSA) 240 defines a fraud as an intentional act by one...
Subscribe to our Newsletter

Subscribe to our Newsletter

Join our mailing list to get monthly newsletters

You have succesfully subscribed! You'll receive a newsletter every month from us.