KATHMANDU: The government has formed a task force to study irregularities and problems in Nepal’s capital market.
The Ministry of Finance formed the four-member task force on Friday to recommend systemic and procedural reforms, along with a concrete implementation plan to boost investor confidence.
The task force is led by Acting Executive Director of the Securities Board of Nepal (SEBON) Rupesh KC. Similarly, Sharan Adhikari, director at Nepal Rastra Bank; Niranjan Phuyal, Acting Executive Director of Nepal Stock Exchange Ltd; and Sharad Niraula, Under Secretary at the Ministry of Finance, are the other members of the task force. Niraula will also serve as the member secretary of the task force.
The task force has been asked to prepare and submit its action plan within five days.

Himal Press