The Securities Board of Nepal (SEBON) has introduced a 9-point action plan to implement immediate measures recommended for the improvement of the capital market. Some reforms will be implemented immediately, while the remaining actions are set to be completed by Mangsir 15, 2082.
Under the action plan, the margin trading system will be implemented through securities brokers by the end of Kartik 2082. Standards will be established and enforced to maintain uniformity in e-Generation (iGEN) processes. Investors will be allowed to open two or more beneficiary accounts by Kartik 15, 2082.
Additionally, provisions will be made for the reconciliation and prompt payment of dividend tax arising from bonus share distributions. Uniform procedures regarding liabilities and return payments in case of payment delays or defaults will also be implemented by Mangsir 15, 2082.
The action plan aims to ensure transparency, regulatory uniformity, and investor protection in Nepal’s capital market.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
