Stories Tagged ' securities board of nepal '
The Securities Board of Nepal said it was working to shorten the time needed to settle stock trades.
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The Securities Board of Nepal has issued the Specialised Investment Fund Regulation 2019, allowing investment companies to mobilise alternative investment like private equity funds, venture capital funds and hedge funds.
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Stockbrokers are asking the Securities Board of Nepal to allow them to operate as proprietary traders, portfolio consultants and portfolio manager too. The board is preparing to allow banks to provide brokerage services and the Citizen Investment Trust to operate as a stock dealer.
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The Nepal Stock Exchange on Monday cancelled trades in Upper Tamakoshi shares after prices rose more than 50 percent exceeding limits set by the bourse.
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The Ministry of Finance plans to create a task force including capital market experts to study the performance of the stock exchange and make policy recommendations to the government.
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The Securities Board of Nepal (Sebon) asked the Nepal Stock Exchange (Nepse) to start work to issue licences to securities dealers in a bid to revitalise the stock market which has been wallowing in a bear market.
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