Kathmandu. The Securities Board of Nepal (SEBON) has released the ‘Institutional Investor Policy, 2083’. The board has released the ‘Institutional Investor Policy, 2083’ to expand and systematize the entry of institutional investors in the securities market.

The Board aims to streamline long-term capital mobilization, market liquidity and growth and institutional investment through the policy.

‘Capital Market Development Roadmap, 2083’ Capital Market Policy for the Financial Year 2083/84 and Capital Market Strengthening and Capital Market Strengthening and Revival Action Plan announced by the Government of Nepal, Ministry of Finance on 5/29/29, In accordance with the guidelines of 2083 (21 , the Board has made public the policy for constructive suggestions and suggestions from the stakeholders to develop the overall capital market as a balanced and sustainable financial system by increasing the active and responsible participation of institutional investors in the capital market of Nepal.

The policy is intended to provide clear guidance on the policy, institutional and procedural provisions necessary to make the entry and operation of institutional investors in the primary and secondary securities market ( ( system easier, uniformity, clarity and responsible.

The proposed policy includes provisions related to the classification and registration of institutional investors, investment diversification and financial instruments, setting of investment limits, good governance, risk management, market conduct, disclosure of information, regulatory monitoring and phased implementation. In addition, the legal and regulatory reforms required to expand the participation of institutional investors and the concept of coordination among the concerned agencies have also been incorporated.

The Board expects that with these provisions, there will be an increase in the long-term access of professional and competent institutional investors to the capital market of Nepal, which has a majority of individual investors, thereby maintaining depth, liquidity, transparency and stability of the overall capital market.