Briefing the Finance Committee of the Federal Parliament, SEBON Chairman Gopal Prasad Bhatta emphasized that the board takes the capital market's current structural framework and escalating cybersecurity challenges very seriously. Discussions with NEPSE's Board of Directors will commence next week to enhance institutional performance, boost governance, and tackle technical vulnerabilities.
While government-level decisions will dictate major ownership and structural shifts, Bhatta affirmed that SEBON remains resolute in executing regulatory mandates within its jurisdiction. Priority areas include overhauling NEPSE's IT infrastructure, strengthening cybersecurity protocols, and expanding institutional capacity.
In tandem with NEPSE's overhaul, the implementation of a 21-point reform directive for CDS and Clearing Limited (CDSC) has also officially begun. As part of these measures, plans are underway to transform CDSC into a robust 'Central Counter Party' to provide heightened transaction security and reliable guarantees for equity trades.
To further deepen and broaden the scope of Nepal's capital market, SEBON announced plans to introduce modern financial instruments—including intraday trading, short selling, and derivatives. Regulatory authorities anticipate that these long-awaited additions will spark a paradigm shift in the country's financial ecosystem, offering diverse avenues for investors and aligning the exchange with international standards.
