November 30, 2017
The National Council unanimously adopted the Anti-Money Laundering and Countering Financing of Terrorism Bill, 2017 with a majority vote on November 29.
The amended bill will be forwarded to the National Assembly for re-deliberation. If National Assembly accepts all proposals made by the NC on the bill, the bill would be submitted for Royal Assent. If not, the bill will be deliberated in a joint sitting of the Parliament on the disputed sections of the bills.
Chairperson to the Economic Affairs Committee and Gasa NC member Sangay Khandu presented the final recommendations on the bill. He presented the changes made by the committee on various sections of the bill, which was resolved during an in-house committee meeting.
