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    Contribution of SEBON To Ensure Corporate Governance: Presented By: Pratiksha Thapa MBA Evening

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    Pratiksha Thapa
    SEBON regulates Nepal's securities market and aims to protect investors, develop the capital market, and ensure corporate governance. It has 7 board members including representatives from the government and private sector. SEBON incorporates OECD principles of corporate governance and has various acts, regulations, and bylaws to govern the market and punish offenses like insider trading. It promotes good governance in listed companies through directives and works to handle grievances, supervise the market, and conduct investor awareness programs.

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    Contribution of SEBON To Ensure Corporate Governance: Presented By: Pratiksha Thapa MBA Evening

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    Pratiksha Thapa
    137 views10 pages
    SEBON regulates Nepal's securities market and aims to protect investors, develop the capital market, and ensure corporate governance. It has 7 board members including representatives from the government and private sector. SEBON incorporates OECD principles of corporate governance and has various acts, regulations, and bylaws to govern the market and punish offenses like insider trading. It promotes good governance in listed companies through directives and works to handle grievances, supervise the market, and conduct investor awareness programs.

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    SEBON

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    SEBON regulates Nepal's securities market and aims to protect investors, develop the capital market, and ensure corporate governance. It has 7 board members including representatives from the government and private sector. SEBON incorporates OECD principles of corporate governance and has various acts, regulations, and bylaws to govern the market and punish offenses like insider trading. It promotes good governance in listed companies through directives and works to handle grievances, supervise the market, and conduct investor awareness programs.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    137 views10 pages

    Contribution of SEBON To Ensure Corporate Governance: Presented By: Pratiksha Thapa MBA Evening

    Uploaded by

    Pratiksha Thapa
    SEBON regulates Nepal's securities market and aims to protect investors, develop the capital market, and ensure corporate governance. It has 7 board members including representatives from the government and private sector. SEBON incorporates OECD principles of corporate governance and has various acts, regulations, and bylaws to govern the market and punish offenses like insider trading. It promotes good governance in listed companies through directives and works to handle grievances, supervise the market, and conduct investor awareness programs.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    Contribution of SEBON to

    ensure Corporate Governance


    Presented By:
    Pratiksha Thapa
    MBA Evening
    Introduction
    • Security Board of Nepal (SEBON) is the apex body to regulate Nepalese
    securities market.
    • It was established on June 7 , 1993.
    • It has been regulating the market under the Securities Act, 2006
    • It has the power to regulate and manage the activities of the securities
    markets and persons involved in the business of dealing in securities
    Governing Board of SEBON

    Securities Board of Nepal (SEBON) has seven governing board


    members
    1.One full time chairman appointed by government
    2.Joint Secretary of Ministry of Finance
    3.Joint Secretary of Minitry of Law, Justice and Parliamentary
    Affairs
    4.Representative from NRB
    5.Representative from Institute of Chartered Accountants of Nepal
    6.Representative from Federal of Nepal chamber of Commerce and
    Industries
    7.One member appointed by Government from amongst expert
    Introduction (contd…)

    Objectives Major Responsibilities


    • To provide advice to government on securities market
    • To protect investor’s interest
    • Issue necessary securities regulations and directives
    • To develop capital market for the • To approve the bye-laws of the stock exchange and
    economic growth of the nation business persons
    • To maintain the securities market • To arrange the activities for protecting of investor’s
    by regulating and monitoring interest
    • Discharge or make arrangements for discharging such
    other functions as are necessary for the development of
    the capital market.
    OECD Principles Incorporated by SEBON

    Making board member responsible


    Responsible towards shareholders
     Responsible towards other stakeholders
    Providing equal treatment to all shareholders
    Accountability
    Transparency
    Prevailing laws (Acts , Regulations and
    Byelaws)
    Acts - Security Act, 2006, Commodities Act,
    2017
    Money Laundering Prevention Act, 2008
    Regulations - There are 11 regulations
    Bylaws – There are 5 Bylaws
    Notable Laws

    • Registration and Issuance of Securities


    • Provisions relating to Stock Exchange
    • Provision relating to License to carry on Securities Exchange
    • Regulate , Monitor, Inspect and Inquiry
    Offences Relating to Insider Trading and Punishment

    • Insider Trading
    • False Trading
    • Fluctuation in Price
    • To affect stock exchange
    • To supply misleading information
    • Fraudulent transaction
    • Destroy or concealment of documents, statements or records
    • Punishment
    Activities promoting Corporate Governance
    • Issue and Renewal of License
    • In order to maintain good governance in the listed companies, the Board has issued
    "Directives Related to Corporate Governance of Listed Companies, 2018" effective
    from August 2018
    • Grievance Handling : Filing of Cases, Actions and financial penalties
    • Supervision and Monitoring
    • Investors Awareness and Training Program

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