In accordance with Article 23 (1) of AML/CFT Act, 2016, the reporting entities defined in Article 4 (1), (Financial Institutions, such as Banks and Money Transfer Businesses (Hawaalas)) should file a nil report to the Financial Reporting Center (FRC) to meet the reporting obligations under Article 14 of AML/CFT Act, 2016. The table below illustrates the reported NRs during the stated reporting period.