Nepal Govt asks cooperatives to report financial transactions online regularly or be ready to face action

04 Jul 2022
Nepal Govt asks cooperatives to report financial transactions online regularly or be ready to face action

Nepal Govt. has dictated all the cooperatives in the country to report their financial transactions online regularly on the online financial reporting system named Copomis. The step was taken because due to the lack of effective monitoring, the sector largely remains unregulated, inviting risk of misappropriation of the general public’s money.

Original link: https://myrepublica.nagariknetwork.com/news/govt-asks-cooperatives-to-r…

Image link: https://myrepublica.nagariknetwork.com/uploads/media/DepartmentofCooper…

Organization:
My Republica