ICAN and CIB Sign MoU to Strengthen Collaboration Against Financial Crimes

The Institute of Chartered Accountants of Nepal (ICAN) and the Central Investigation Bureau (CIB) of Nepal Police have signed a Memorandum of Understanding (MoU) to collaborate on investigating institutional financial crimes. The MoU, signed by ICAN President CA Nil Bahadur Saru Magar and CIB Chief DIG Dr. Manoj Kumar KC, aims to enhance knowledge and skills in financial crime investigation, facilitate information exchange, and improve coordination between the two bodies.

Under the agreement, ICAN will provide technical and expert support to CIB, including involving CIB staff in ICAN’s Forensic Accounting and Fraud Detection certification courses. The MoU also outlines cooperation in handling complaints against ICAN members, monitoring unauthorized auditing, and raising public awareness on financial fraud. Both institutions emphasized that the partnership will strengthen Nepal’s capacity to investigate and control financial crimes while protecting the interests of ICAN members.