SBAN Calls on Finance Ministry to Resolve SEBON’s Operational Stalemate and Restore Employee Facilities
Summary
The Stock Brokers’ Association of Nepal urges the Finance Ministry to resolve SEBON’s operational deadlock and restore employee facilities to maintain effective market regulation and stability.
Key Points
- SBAN urges the Ministry of Finance to resolve the financial and administrative deadlock at SEBON.
- The Ministry of Finance suspended various facilities provided to SEBON employees, disrupting their welfare and daily functions.
- The suspension has affected SEBON's ability to regulate over 500 licensed institutions, impacting brokers, market institutions, and investors.
- SBAN calls for restoring SEBON's operational environment to ensure the stability and credibility of Nepal's capital market.
