SEBON Prepares to Introduce New Market Products as Brokers Push for Legal Reform

Summary

SEBON is preparing new market products, clearer trading rules and stronger regulatory guidelines to modernize Nepal’s capital market. Brokers are also pressing for legal reforms, including updated securities laws and an Auto-EDIS system for smoother share settlement.

Key Points
  • SEBON says it is working to expand available financial instruments and introduce a clearer framework for cash and credit transactions in the securities market.
  • Chairperson Dr. Gopal Prasad Bhatta said upcoming guidelines will focus on investor protection, risk-based regulation and institutional governance.
  • Stock brokers want securities laws revised to reflect current market practices and technology, and are seeking an Auto-EDIS system.
  • The discussion brought together SEBON officials and representatives from more than 80 brokerage firms to focus on market modernization.
Article image