The Securities Board of Nepal has announced a new primary capital market reform policy for the year 2083 to bring major improvements in public issuance and regulation.
Modernizing Nepal’s Capital Market
The Securities Board of Nepal (SEBON) have launched the ‘Primary Capital Market Reform Policy, 2083’. This new policy is designed with the main objective to make the primary capital market of Nepal modern, transparent, and easy for investors. Under this plan, the board wants to make the entire public issuance process completely digital, transparent, and finished within a set time. They also want to develop a scientific and market-based pricing system for shares.
Better Rules and New Opportunities
According to SEBON, this policy will help to increase the participation of qualified institutional investors and anchor investors. It also brings rules for effective use and proper monitoring of the money collected from public issues. To help small investors, the policy focuses on making investor protection much stronger.
At the same time, the policy wants to help SMEs, technology-driven companies, innovative startups, and green and sustainable development projects so they can easily get capital from the market.
International Standards and ESG Focus
The reform policy also focuses on high-level regulation, good governance, and using modern technology. SEBON hopes this will create a great environment for attracting international investment. SEBON also plans to gradually bring rules for ESG and sustainability reporting. They have a strategic goal to make Nepal’s primary capital market one of the most competitive and trusted market in South Asia.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
