SEBON Forms Primary Market Reform Task Force to Strengthen Nepal's Capital Market

Summary

SEBON has formed a Primary Market Reform Facilitating Task Force to implement regulatory reforms aimed at making Nepal's primary capital market more transparent, efficient and investor-friendly. The seven-member committee will review issues including IPO allocation, book-building, digital IPO systems and investor participation.

Key Points
  • SEBON has set up a Primary Market Reform Facilitating Task Force under its Regulatory Reform Agenda for FY 2083/84.
  • The seven-member committee includes SEBON officials, a NEPSE representative, the Merchant Bankers Association of Nepal president, and FNCCI's Capital Market Committee coordinator.
  • The task force will review reforms covering public issuance, book-building, IPO allocation, pricing, digital IPO systems, anchor investors and post-issue monitoring.
  • SEBON says the move is meant to modernize Nepal's capital market and improve transparency, efficiency and investor confidence.
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