Kathmandu. The Securities Board of Nepal (SEBON) has made public an 8-point commitment to reform the share market. The board made public the 8-point commitment after holding talks with a team including share investor Tilak Koirala.
The Board will develop a benchmark index through the public commitment. Retaining the current NEPSE index as an all-equity index, the board will develop a new benchmark index on the basis of tradable shares i. e. free float ( shares.
The board has also said that will keep a strict vigil on those who influence the stock market through social media. Apart from this, the board has also said that it will immediately implement various schemes to make the capital market credible, transparent and competitive.
The board has also given high priority to the safety of investors. On the other hand, {{} and of {{} by using social media before the IPO issuance, } organized will also be brought under the purview of the regulation. Here are the other commitments of the board:
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