SEBON approves 5th amendment in Depositary Regulation, 2068 to accommodate facilities for margin trading; CDSC currently working on the system

Securities Board of Nepal (SEBON) has issued a notice regarding the amendment in Securities Central Depositary Service Regulation, 2068.

In order to implement the Margin Trading services in the capital market, it requires a separate BOID (Beneficiary Id) for trading and settlement. However, in the existing Securities Central Depositary Service Regulation, 2068 such provision was not available. Therefore, the proposal for 5th amendment in Securities Central Depositary Service Regulation, 2068 sent by CDS and clearing regarding the same has been approved by SEBON.

Similarly, once the appropriate system is ready, SEBON has directed CDS and Clearing to inform Securities market, Depositary Participants and Settlement Agents.