The Nepal Securities Board (SEBON) has initiated its first policy dialogue with academic experts on capital market reforms and the development of new financial instruments.
The Nepal Securities Board (SEBON) recently conducted its first ever policy dialogue with academic experts from the field of finance. The main aim was to discuss improvements for the capital market and the development of new financial instruments.
This important event took place on a Friday at SEBON’s office in Lalitpur. It saw the participation of many academic professionals who teach and study finance at different universities across Nepal. Dr. Gopal Prasad Bhatta, who is the Chairman of SEBON, led the program.
The main reason for organizing this dialogue was to get opinions and suggestions from experts on various Consultation Papers and Policy Papers that SEBON had published. These papers are all about bringing new tools into the securities market.
During the meeting, specific discussions focused on concepts introduced by SEBON. These included topics like Margin Lending, Intraday Trading, Securities Lending and Borrowing (SLB), and Short Selling. A detailed discussion was also hold on the overall development and reform of the capital market.
The experts who participated in the discussion shared positive views on SEBON’s initiative to advance transformative programs for capital market development. They highlighted that since the new instruments planned for the market are technical, they should be developed as financial innovations. They also emphasized the need to increase investors’ financial literacy about the risks involved with such tools.
Experts additionally believed that starting a policy dialogue with the academic sector before actually launching new policies would help to balance theory and practice. They felt this would also assist in the effective implementation of these policies.
SEBON believes that by continuing this collaboration between the Board and academic experts, and by including academic suggestions into future long-term policies, it will increase the effectiveness of capital market policies.
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.
