Nepal Investors Forum submits a list of suggestions and demands to SEBON

Thu, Sep 27, 2018 5:06 PM on Latest, Stock Market,

In a meeting between Nepal Investors Forum (NIF) and Securities Board of Nepal (SEBON), NIF has presented a list of suggestions and demands to SEBON for the efficient development of the Nepali Capital Market. Among the 30 point list, some of the important ones are:

- Since NRB has authorized broker license to banks, NIF urges SEBON to start the process quickly and bring it into effect.

-Free entry and exit provision for the brokers.

-Creating an environment to attract market makers, institutional investors and securities traders.

-Starting the margin lending.

-Starting the auction market to solve the problem of close out.

-Making regulatory provisions to include NRNs in capital market.

-Considering the broker comission.

-Preparing regulatory framework and directives to reduce the settlement time from T+3 days to T+1.

-Not providing approval to IPOs with poor ratings.

-Encouraging investment in debt instruments with adequate policies.