Kathmandu, July 2
The Merchant
Bankers' Association of Nepal (MBAN) has underscored the importance of
enhancing market transparency, good governance and regulatory effectiveness in
order to reinforce investor confidence in the capital market in Nepal.
Speaking at
a meeting with the newly appointed Chairperson of the Securities Board of Nepal
(SEBON), Dr Gopal Prasad Bhatta, they recommended measures to make the capital
market more dynamic and effective.
"Both
sides exchanged views on strengthening investor confidence in mutual funds,
Initial Public Offerings (IPOs) and private equity, and fostering an
investment-friendly environment," read a statement from the MBAN.
During the
meeting, MBAN expressed its confidence that, under Dr. Bhatta's leadership,
Nepal's capital market would become more efficient, transparent and credible.
Likewise, Dr.
Bhatta stated that SEBON would continue to prioritise collaboration with the
private sector and maintain regular dialogue with market stakeholders in the
coming days.
The MBAN
and SEBON reaffirmed their shared commitment to further strengthening
cooperation, coordination and continuous dialogue to support the sustainable,
orderly and inclusive development of Nepal's capital market.
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