Nepal Clearing House has been awarded with “Certificate of Merit” for the year 2018 in the category Public Sector Entities under ‘SAFA Best Presented Annual Report Awards’. The award is conferred on the basis of the evaluation administered by South Asian Federation of Accountants (SAFA) committee for Improvement in Transparency, Accountability and Governance, of the published annual reports from South Asian Countries. The award was distributed by SAFA at a ceremony on November 30 at Dhaka, Bangladesh. The NCHL’s annual report and disclosures was earlier recognised by the Institutes of Chartered Accountants of Nepal (ICAN) for BPA award in Nepal as the 1st runner-up. And then the annual report was forwarded to SAFA by ICAN for the award evaluation within the SAARC region. NCHL considers the award as a recognition of its efforts within the industry and its demonstrated commitment towards financial disclosures and transparencies.