Four new bills presented in parliament concerning NRB, BAFIA, Securities Act and Public debt regulation; See the full document of BAFIA amendment bill

Thu, Sep 12, 2019 12:11 PM on Economy, Latest,

Finance Minister, Dr. Yuvraj Khatiwada, has presented a bill in the parliament for the amendments in Banks and Financial Institutions Act (BAFIA), 2073 along with three other bills. They are:

Amendments in Securities Act, 2063
Amendments in Nepal Rastra Bank Act, 2058
Amendments and unification in public debt management regulations

You can view the full document of proposed First amendments in the BAFIA Act, 2073. Some of the major highlights include Separation of bank and merchant bank, Qualification and age limit of Directors, Formulation of Acts in Federal structure and so on. 

Your browser does not support pdfs, click here to download the file.