NEPSE urges investors, stakeholders to stick to procedures to avoid fraud

ShareSansar, March 17:
 
NEPSE has urged investors and all other stakeholders to abide by all procedural requirements while carrying out share transactions to avoid the kind of fraud that came to light recently.

The press release also states that a thorough investigation of the fake share certificate in coordination with NEPSE, SEBON, all the brokers and Nepal Police is underway, and that the culprit will be punished as per the existing laws.

The secondary market authority has asked all parties to stick to the necessary paper work such as KYC, order (or buy-sell) form, registration form, and execute all share transactions through banking system using A/C payee check.

The press release, undersigned by Spokesperson of NEPSE Shambhu Prasad Panta, states that NEPSE is committed to keep the secondary market clean and transparent.