In March this year, the Payment Systems and Services  Act 2019 (Act 987) was passed by Parliament as part of the continued efforts to establish a strong payment regulatory framework for the country. In May, the Act was subsequently assented to by, the President of the Republic, reflecting His Excellency’s commitment to the establishment of a modern payments regulatory framework.
It gives me a great pleasure to welcome all of you to this 49th SEACEN Governors’ Conference/High-Level Seminar and 33rd Meeting of the SEACEN Board of Governors being held in Kathmandu. I am thankful to the SEACEN Governors for trusting us to host this important event after 26 years.