Kathmandu. Nepal Rastra Bank has increased the scope of punishment for employees of banks and financial institutions. The central bank issued instructions to banks and financial institutions and made strict arrangements for employees.

If a bank and financial institution is punished or punished by the Nepal Rastra Bank, and such punishment is found to be due to the actions of any officer or employee of the said institution, such officer or employee shall be punished by the relevant bank and financial institution in accordance with the prevailing laws or regulations of the institution.

Bank and bank and financial institution do not take action against the said employee, then Nepal Rastra Bank itself will take action against such employee. According to the state of compliance, the seriousness of the matter and the nature of the indicator institution, the director of the institution or the relevant official who does not act in this way will be fined by the National Bank. 10 lakh to Rs. A fine of up to 5 crores or removal from office or both may be imposed.

Previously, Bank and financial institution was punished or punished because of an employee, the concerned bank and financial institution should take action against such officer or employee in accordance with the prevailing laws or regulations of the institution. But now, if the bank or financial institution does not take action, the National Bank will take action.

In addition, it is mentioned in the circular that the personal details (name, surname, husband and wife, father, husband's name, permanent address, current address, telephone number, mobile number, email address) of shareholders who hold 15 percent or more shares of banks and financial institutions must be kept.) Previously, there was a provision to keep the personal details of shareholders who hold 10 percent or more shares.

The organization shall prepare an annual report including a review of the activities carried out throughout the year in relation to the prevention of financial investment in the manufacture and expansion of money laundering, terrorist activities and weapons of mass destruction, and shall submit it through the CCC within two months of the end of the financial year. Such a report prepared for the year 2080/81 can be submitted by the end of Mansir 2081.