KATHMANDU, Sept 18: The Securities Board of Nepal (Sebon), after going through a dilly-dally for a long time period, has decided to issue licenses to a new stock exchange, commodities exchanges and brokerage firms.
KATHMANDU, July 29: The Securities Board of Nepal (SEBON) will accommodate Nepali migrant workers onboard the stock market. Its proposed policy reserves 10 percent in the sale of IPO shares in Nepal, according to SEBON Chair Ramesh Kumar Hamal.
KATHMANDU, June 28: Stock brokerage firms have been allowed to operate their own Trade Management System (TMS), with the Securities Board of Nepal enforcing the separate working guideline for this purpose.
KATHMANDU, June 24: Tilak Koirala, who had been staging a fast unto death protest, demanding reforms in and expansion of the share market in Nepal, broke his strike following a 19-point agreement reached between the agitating share investors and Security Board of Nepal (Sebon) on Friday.
KATHMANDU, May 7: The Securities Board of Nepal (Sebon) has directed Nepal Stock Exchange (Nepse) to run the secondary market from Monday to Friday every week, citing the two-day weekend announced by the government.
KATHMANDU, May 3: Share investors can now get up to 70 percent margin loan from stockbrokers, with the Securities Board of Nepal (Sebon) enforcing a revised guideline on margin transactions last Wednesday.
KATHMANDU, Dec 29: As many as 24 different companies are set to issue their initial public offerings (IPOs) worth Rs 6.5 billion in shares, according to the Securities Board of Nepal Strategic Plan (SEBON). Among the companies offering their IPOs, 14 are hydropower companies, six are microfinance companies, two are insurance companies, and two others.
KATHMANDU, Nov 1: The initial public offerings (IPOs) worth more than Rs 1.84 billion have been put on hold as the Security Board of Nepal (Sebon)-- the government’s regulatory body of the sector-- has remained without its chairperson for almost a month.
KATHMANDU, August 20: The Finance Committee under the House of Representatives has directed the government to carry out an investigation immediately into the alleged involvement of some office-bearers of the Securities Board of Nepal (Sebon) and Nepal Stock Exchange (Nepse) in the share market and take action against them.
KATHMANDU, August 1: The Employees Union of the Securities Board of Nepal (Sebon) has urged the government authorities concerned to carry out an investigation into the controversial case of Sebon Chairman Bhisma Raj Dhungana’s alleged involvement in insider trading.
KATHMANDU, July 25: The Securities Board of Nepal (Sebon) has recommended to the Ministry of Finance to fix a paid-up capital requirement of up to Rs 1 billion for new brokerage firms to get a license.
KATHMANDU, June 24: The Securities Board of Nepal (Sebon) has revised the pricing range of stocks in pre-open market session in Nepal Stock Exchange (Nepse) in an apparent bid to check the excess rise in share prices on daily trading in the secondary market.
KATHMANDU, June 10: The Securities Board of Nepal (Sebon) is considering issuing additional 35 licenses to brokerage companies, citing an excessive rise in transactions in the secondary market in recent days.
KATHMANDU, May 4: The Securities Board of Nepal (Sebon) has permitted five companies to establish and mobilize the specialized investment fund, opening a gateway to attract necessary capital for long term growth of businesses including start-ups.
KATHMANDU, Dec 26: The Securities Board of Nepal (Sebon) has revised the commission rate of stock brokers by up to 60 percent, attributing to a reduction in the operation costs of the brokerage companies due to an increasing use of online transactions.
Refuting media reports about the alleged encroachment of Nepali territory by China in Humla district, the government said that there is no disputes over territory between Nepal and China. Minister for Foreign Affairs Pradeep Gyawali, who is also the government's spokesperson, said a similar news about land encroachment from Chinese side in Limi village in Humla district had surfaced four years ago as well. He said that an inter-ministerial team after the field inspection had concluded that the said buildings were located approximately one kilometer inside the Chinese territory from the Nepal-China border. The Ministry of Foreign Affairs (MoFA), in a separate statement, further said the boundary between Nepal and China was delineated and demarcated based on the Boundary Treaty and Boundary Protocols signed between the two countries.
KATHMANDU: The local bourse witnessed one of its most bland trading sessions as associations of merchant banks and stock brokers issued a press release on the day stating that all merchant bank and broker offices will remain closed between March 22 and April 2.
KATHMANDU, Sept 18: The government has tabled a new bill to amend the Securities Act, 2007 proposing a removal of a provision in the law that ensures representation from the private sector and the regulatory body of chartered accountants as board members of the Securities Board of Nepal (SEBON).
KATHMANDU, July 1: The Securities Board of Nepal (Sebon) in collaboration with International Network on Financial Education (INFE) under the Organisation for Economic Co-operation and Development (OECD) is organizing a two-day ‘Conference and Roundtable on Financial Consumer Protection and Education in Asia Pacific’.
KATHMANDU, March 14: The Securities Board of Nepal (Sebon ) has issued the Specialized Investment Fund Regulation, 2075 (2019), paving the legal way for operation of various funds like private equity fund, venture capital fund and hedge fund, among other specialized types of investment funds, in the securities market.
KATHMANDU, Dec 7: The government has formed a high-level committee under Nepal Rastra Bank (NRB) Deputy Governor Shiva Raj Shrestha to look into the overall trend of monetary and capital market in recent time and recommend to the government suggestions for maintaining financial stability and addressing problems related to investment for industrial sector and capital market.
KATHMANDU, Aug 5: The Securities Board of Nepal (Sebon) approved primary shares worth Rs 20.78 billion, of 21 companies, in the last Fiscal Year 2017/18. The capital market regulator allowed the companies to issue a total 192.88 million units of share.
KATHMANDU, July 27: Securities Board of Nepal (Sebon) has initiated a process to take action against mutual fund managers for parking their cash in bank and financial institutions (BFIs) in amounts higher than the limit.