Lawmakers Demand Long-Term Strategy from Securities Board of Nepal
Summary
Nepalese lawmakers demand a clear long-term strategy and reforms from the Securities Board of Nepal to enhance investor confidence, attract foreign investment, and improve market infrastructure.
Key Points
- Lawmakers demand a detailed long-term action plan from SEBON for capital market reforms and attracting foreign investment.
- Concerns raised about slow IPO and rights share approvals, weak corporate governance, and low investment in productive sectors.
- Calls for faster implementation of new financial instruments like corporate bonds, SME exchange, REIT, and ETF.
- Finance Committee instructs the government to submit a detailed report within 10 days addressing raised issues and reforms.
