SEBON Unveils White Paper for Long-Term Development of Nepal’s Primary Capital Market

Summary

SEBON has unveiled a white paper outlining a long-term reform roadmap for Nepal’s primary capital market, including legal changes, a Digital IPO Platform, e-KYC, RegTech and SupTech systems. The plan also aims to improve price discovery, strengthen due diligence and expand investor participation.

Key Points
  • SEBON released the “White Paper on the Development of Nepal’s Primary Capital Market, 2083” under its FY 2083/84 regulatory reform agenda.
  • The document proposes a three-phase reform plan covering legal amendments, institutional and technological strengthening, and advanced market development over the next five years.
  • Planned initiatives include a Digital IPO Platform, e-KYC, RegTech, SupTech, and a shift toward fully market-based price discovery.
  • The reforms are intended to make the primary market more transparent, efficient and investor-friendly while supporting broader economic transformation.
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