Brokers Submit 13-Point Suggestion to New SEBON Chairman for Major Capital Market Reforms
Summary
The Stock Brokers’ Association of Nepal submitted a 13-point memorandum to SEBON Chairman Dr. Gopal Bhatt focusing on capital market reforms including banking restrictions and customer onboarding integration.
Key Points
- The Stock Brokers’ Association of Nepal submitted a 13-point memorandum to SEBON Chairman Dr. Gopal Bhatt addressing key capital market challenges.
- SBAN requested flexibility in advance payment rules and integration with national ID systems for customer onboarding.
- They urged policy changes to allow financial institutions greater investment capacity in the secondary stock market.
- SEBON Chairman committed to modernizing the market with new financial instruments and collaborative meetings with key financial bodies.