Kathmandu. The Securities Board of Nepal (SEBI) is going to adopt various strategies to control illegal activities in the stock market.
The Securities Board of India for the current fiscal year 2082. The 83rd annual policy and program has included various strategies to reduce illegal activities in the market. The Securities Board has prepared a strategy to investigate if any wrong practice is found during the supervision by monitoring and supervising the daily transactions in the securities market, the transaction amount, the companies being traded, the securities traded, and regularly monitoring and supervising the market transactions.
Similarly, orientation and training will be conducted on money laundering, prevention of financing of terrorist activities and targeted financial action.
The securities board has also devised a strategy to carry out on-site monitoring of at least 15 percent of the total number of securities brokers and securities traders and at least 15 percent of the total number of securities traders (merchant bankers) and credit rating companies.
A strategy has been adopted to supervise 15 percent of the total number of collective investment fund managers and specialized investment fund managers registered with the Mortgage Board.
Similarly, according to the Risk Based Supervision Manual of Businessmen on Prevention of Money Laundering, 2077, on-site supervision of at least 15 indicator organizations, implementing and implementing the report format developed for securities brokers, merchant bankers, listed companies and market participating organizations in consultation with the Nepal Chartered Accountants Association, preparing supervision guidance for the supervision of listed organized organizations, providing it to the compliance officers of listed organized organizations. The Securities Board has prepared a strategy to provide training on the information, details and information to be done, to study to review the supervision arrangements made by the Securities Board in the context of the activities of the securities entrepreneurs, to study and to improve the good governance practices of the securities entrepreneurs and to update the details of the listed organized organizations and securities traders.
