The long-awaited Capital Market Reform Taskforce has submitted its report to the Ministry of Finance. Investors had been waiting for this step for months.
Focus areas
According to officials, the report mainly talks about restructuring NEPSE and making improvements in the IPO process. The taskforce separated its suggestions into short-term and long-term plans.
Missing investor demands
However, some of the key demands from investors, such as removing the 25-crore investment cap and allowing banks to take part in short-term trading, were not directly addressed in the report.
Input from many sides
The report includes suggestions from different associations and institutions. It was presented in the presence of the Finance Ministry, the chairman of the Securities Board, and the Governor of Nepal Rastra Bank.
