Securities Board of Nepal (SEBON)

Details

Securities Board of Nepal (SEBON) was established on June 7, 1993 (Jestha 24, 2050 BS) as the apex regulator of securities markets in Nepal. Headquartered in Satdobato, Lalitpur, it functions under the Ministry of Finance to regulate the issuance, trading, and settlement of securities.

Key Responsibilities

Market Regulation: Regulates the Nepal Stock Exchange (NEPSE) and stockbroker firms.
Issuance Approval: Approves Initial Public Offerings (IPOs), Further Public Offerings (FPOs), rights shares, and debentures.
Market Intermediaries: Licenses and monitors merchant bankers, portfolio managers, mutual funds, and securities dealers.
Investor Protection: Formulates rules to protect investor interests and maintain market integrity.

SEBON operates under the Securities Act, 2006 (Dhitopatra Sambandhi Ain, 2063).

Category

Financial Institution

Fiscal Year

2082

Key Figure/Rate

Est. June 7, 1993, HQ: Satdobato, Lalitpur