“Identity issue won’t be settled by SEBON alone”: Nepal Securities Investors Association

Nepal Securities Investors Association issued a notice on Tuesday ensuring all stakeholders that the new provisions related to providing unique investor’s identity card to investors will not be implemented by Securities Board of Nepal (SEBON) without carrying out necessary discussions. Furthermore, “The Board has committed to the Association that decisions related to using PAN to identify investors or to provide them separate identity cards will not be settled by the Board alone, “ the Association said in a statement, “The decisions will be made only if they assure positive changes in the market.” Moreover, the Association has requested investors to be careful, to consider and to evaluate various factors like fundamental indicators, future strategies and other economic details before investing in shares of the companies.