SEBON Forms Primary Market Reform Task Force to Strengthen Nepal's Capital Market
Tue, Aug 4, 2026 8:01 PM on Highlight News, Economy, Stock Market,
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The Securities Board of Nepal (SEBON) has formed a Primary Market Reform Facilitating Task Force to implement key regulatory reforms aimed at making Nepal's primary capital market more transparent, credible, efficient, and investor-friendly.
The task force, chaired by the Executive Director of SEBON's Regulation Department, has been established as part of the Regulatory Reform Agenda under the Capital Market Policy for Fiscal Year 2083/84.
The seven-member committee comprises three officials from SEBON, one representative from Nepal Stock Exchange (NEPSE), the President of the Merchant Bankers Association of Nepal, and the Coordinator of the Capital Market Committee of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).
SEBON stated that the task force may also invite experts and representatives from relevant organizations whenever necessary. These include the Institute of Chartered Accountants of Nepal (ICAN), the Electricity Regulatory Commission (ERC), the Independent Power Producers' Association, Nepal (IPPAN), the Stock Broker Association of Nepal (SBAN), CDS and Clearing Limited (CDSC), and other concerned stakeholders.
The task force held its inaugural meeting at SEBON's office on Shrawan 19, 2083, where members discussed priority areas for improving Nepal's primary securities market.
According to SEBON, the committee's terms of reference include reviewing and recommending reforms related to primary market policies, public issuance of securities, the book-building process, merchant bankers, IPO allocation mechanisms, digital IPO systems, IPO eligibility criteria, IPO pricing, institutional investors, anchor investors, due diligence, post-issue monitoring, and other matters concerning the primary market.
The initiative is expected to support the modernization of Nepal's capital market framework by strengthening regulatory oversight, enhancing market efficiency, and improving investor confidence in the primary securities market.
