The policy focuses on strengthening capital markets, regulatory capacity, and introducing new financial instruments.
The Securities Board of Nepal (SEBON) has published its new policy and program for the securities and commodity exchange markets for the fiscal year 2082/83. Released via the board’s official website, the policy aligns with the government’s fiscal year 2082/83 budget speech and program, outlining plans to reinforce and enhance transparency in the capital market.
Key highlights of the new policy include drafting laws related to commodity exchanges, institutional capacity building of SEBON, restructuring of stock exchanges, and introducing new financial instruments aimed at risk mitigation.
Prioritizing investor protection and increased public participation, the policy plans to restructure the Nepal Stock Exchange (NEPSE) to strengthen its institutional capacity. It also proposes facilitating listed investment companies and other institutional investors to invest in equity, bonds, and other securities issued by nationally prioritized industries.
The policy further intends to legally empower the Employees Provident Fund, Citizen Investment Trust, and Social Security Fund to invest in private equity and venture capital. Additionally, it plans to launch a secondary market for government bonds and allow Non-Resident Nepalis (NRNs) to participate in secondary market transactions.
SEBON will develop the infrastructure required for derivatives trading, prepare for the operation of an equity derivatives market, and facilitate the establishment of an auction market system.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
