Securities Board of Nepal

Ninth Amendment to Securities Issuance Directive Allows New Instruments

SEBON has issued the Ninth Amendment to the Securities Issuance and Distribution Directive, effective BS 2082/04/01. The amendment modifies share application procedures for Nepalis working abroad, extending the window from a fixed 15 days to a minimum of 4 working days with potential extension up to 15 days. Additionally, banks and financial institutions are now permitted to issue Perpetual Non-Cumulative Preference Shares.

Margin Trading Facility Guidelines, 2082

The Securities Board of Nepal (SEBON) approved the Margin Trading Facility Guidelines, 2082 pursuant to Section 118 of the Securities-Related Act, 2063. The guidelines establish regulatory requirements for margin trading facilities provided by securities brokers and dealers in Nepal. The directive takes effect from Bikram Samwat 2082/11/01 (February 15, 2026), superseding any prior margin trading arrangements that do not conform to the new requirements.