Dated:2014-10-30  
 
ACEDBL 275 5 | ADBL 496 7 | AHPC 379 2 | ALDBL 240 6 | ALICL 1225 19 | APEX 122 3 | ARDBL 146 1 | BHBL 151 3 | BLDBL 460 9 | BPCL 670 5 | BSBL 281 1 | BUDBL 200 8 | CBBL 1560 25 | CBL 283 1 | CCBL 281 4 | CDBL 391 2 | CEDBL 241 2 | CHCL 1700 53 | CIT 3160 59 | CNDBL 170 3 | CSDBL 177 19 | CZBIL 432 8 | DDBL 1307 2 | EBL 1910 6 | EDBL 672 2 | EKBL 187 13 | FFCL 320 19 | GBBL 368 0 | GBIME 520 7 | GLICL 603 3 | GRAND 216 1 | HAMA 133 4 | HBDL 98 2 | HBL 904 3 | HBLPO 245 4 | HDL 222 0 | HGI 560 15 | ICFC 270 28 | IDBL 178 8 | INDB 291 17 | INDBL 149 4 | JBBL 164 6 | JBNL 262 6 | JFL 639 13 | KAFIL 224 3 | KBL 415 3 | KDBL 119 1 | KEBL 325 4 | KMCDB 675 4 | KNBL 187 3 | LGIL 460 0 | LICN 3680 30 | LUBL 343 0 | MBBL 181 3 | MBL 522 4 | MEGA 380 4 | METRO 376 21 | MLBBL 830 75 | MMDBL 417 21 | MNBBL 810 3 | MPFL 120 1 | NABB 160 3 | NABIL 2325 25 | NABILP 1620 38 | NBB 562 9 | NBBL 1700 19 | NBF1 14 1 | NBL 373 12 | NCCB 600 16 | NGBL 345 17 | NHPC 146 1 | NIB 765 10 | NICA 801 21 | NICL 485 5 | NIL 820 1 | NLG 830 25 | NLIC 4450 50 | NLICL 2400 42 | NNFC 271 4 | NNLB 775 29 | NTC 619 3 | NUBL 1549 29 | OHL 712 4 | PCBL 499 4 | PFIL 145 3 | PFL 240 2 | PFLPO 192 3 | PIC 865 17 | PICL 468 1 | PLIC 1049 21 | PRDBL 153 2 | PURBL 370 4 | RBS 4700 50 | REDBL 213 3 | RHPC 560 15 | RMDC 790 0 | SADBL 321 2 | SANIMA 520 17 | SBBLJ 570 9 | SBI 1006 4 | SBL 618 8 | SCB 2140 14 | SDBL 154 1 | SEOS 11 0 | SEWA 401 8 | SHINE 362 6 | SHL 600 5 | SHPC 723 17 | SIC 1289 9 | SICL 836 10 | SIGS1 17 0 | SIL 820 5 | SKBBL 1463 78 | SLICL 700 11 | SMFDB 1106 26 | SRBL 390 0 | SUBBL 319 29 | SUPRME 162 0 | SWBBL 1900 20 | TDBL 226 16 | TNBL 300 3 | TRH 300 2 | UIC 950 15 | UNL 16065 765 | VBBL 129 6 | WDBL 202 7 | YETI 126 2 |
  Security Exchange Board of Nepal (SEBON)
Saturday - 2nd August, 2014 | ResCon
 
 

Securities Board of Nepal (SEBON) was established by the GoN on June 7, 1993 as an apex regulator of Securities Markets in Nepal. It has been regulating the market under the Securities Ordinance, 2005 issued on September 23, 2005. The functions, duties and power of SEBON as per the Securities Ordinance, 2005 are as follows.  

  1. To offer advice to GON on matters connected with the development of the capital market.

  2. To register the securities of corporate bodies established with the authority to make a public issue of its securities.

  3. To regulate and systematize the issue, transfer, sale and exchange of registered securities.

  4. To give permission to operate a stock exchange to any corporate body desirous of doing so, subject to this Ordinance or the rules and bye-rules framed under this Ordinance.

  5. To supervise and monitor the functions and activities of stock exchange.

  6. To inspect whether or not any stock exchange is executing its functions and activities in accordance with this Ordinance or the rules and bye-rules framed under this Ordinance, and to suspend or cancel the license of any stock exchange which is not found to be doing so.

  7. To issue licenses to conduct the business of dealing in securities, subject to this Ordinance, or the rules and the bye-rules framed under this Ordinance, to companies or institutions desirous of conducting the business of dealing in securities.

  8. To supervise and monitor the functions and activities of securities-dealers.

  9. To grant permission to operate collective investment schemes and investment fund programs, and to supervise and monitor them.

  10. To approve the bye-rules concerning transactions in securities framed by stock exchanges and institutions engaged in the business of dealing in securities, and, for the purpose of making necessary provisions concerning the development of the capital market and protecting the interests of investors investing in securities, issue orders to have necessary alterations made in such bye-rules of stock exchange and institutions engaged in the business of dealing in securities.

  11. To systematize the task of clearing accounts related to transactions in securities.

  12. To supervise whether or not security dealers are behaving in the manner prescribed in this Ordinance, or the rules and the bye-rules framed under this Ordinance, while conducting business of dealing in securities, and suspend the license to conduct the business of dealing in securities in case any securities dealer is not found to be behaving accordingly.

  13. To make or ensure necessary arrangements to regulate the volume of securities transacted and the procedure of conducting such transactions in order to ensure the promotion, development and clean operation of stock exchanges.

  14. To make necessary arrangements to prevent insider trading or any other offenses relating to transactions in securities in order to protect the interest of investors in securities.

  15. To review or make arrangement for reviewing the financial statements submitted by the corporate bodies issuing securities and security dealers, and issue directives deemed necessary in that connection to the concerned corporate body.

  16. To systematize and make transparent the act of acquiring the ownership of a company or gaining control over its management by purchasing its shares in a single lot or in different lots.

  17. To establish coordination and exchange cooperation with the appropriate agencies in order to supervise and regulate matters concerning securities or companies.

  18. To discharge or make arrangements for discharging such other functions as are necessary for the development of securities and the capital market.

The major sources of financing of SEBON are government grants, transaction commission from the stock exchange, and registration of corporate securities. Other financing sources include registration, renewal of stock exchange, market intermediaries and the income from mobilization of its revolving fund.

For more information, click here.