Kathmandu. The Securities Board of Nepal (SEBON) aims to develop collective investment funds as a medium for mobilizing long-term capital. <\/p>\n
This goal has been taken in the draft of the Collective Investment Fund Policy, 2083 made public by the Securities Board. The Securities Board of India has prepared the draft of this policy to make mutual funds professional, diversified, transparent, risk-conscious, technology-friendly and long-term investment in order to develop instruments like bond market, money market, ETF on September 12. 2. The Securities Board has prepared the draft of this policy to make mutual funds professional, diversified, transparent, risk-conscious, technology-friendly and a pillar of long-term investment to develop instruments like bond market, money market, ETF. <\/p>\n
The Securities Board of Nepal (SEBON) has made public the draft public through public consultation to identify the opinions, suggestions and areas of improvement of the concerned stakeholders as per the action plan to provide directives and other necessary infrastructures by immediately making the policy on collective investment fund public. The proposed policy is focused on making the collective investment fund industry modern, transparent, secure and competitive, while strengthening long-term capital mobilization and investor protection, as well as developing institutional investors. <\/p>\n
The proposed policy will give priority to open-ended planning; develop new investment instruments such as exchange traded funds (ETFs), real investment trusts (REITs), infrastructure and green funds, diversify investments, adopt a transparent calculation method of asset prices, emphasize effective liquidity and repurchase management, and provide timely information to investors. <\/p>\n
In addition, the policy lays emphasis on transparency, grievance management, conflict of interest control, competitive fee structure, risk management and corporate governance to protect the interests of investors. Digital services and cyber security have also been made important aspects of the regulatory regime. <\/p>\n
The proposed policy has given priority to the issue of reflecting the performance in the management fee by strengthening the capacity of the project manager, human resources, information technology infrastructure and overall management capacity of the project manager while relying on the expert (specialized) capacity of the project manager. <\/p>\n
The Securities Board of Nepal (SEBON) has expressed the expectation that the implementation of the proposed policy in a phased manner will help mobilize the long-term savings of small savers in the capital market, expand diversified investment opportunities and contribute to market stability. <\/p>\n
The Securities Board of Nepal (SEBON) has also asked it to give suggestions on the proposed policy by November 29.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. The Securities Board of Nepal (SEBON) aims to develop collective investment funds as a medium for mobilizing long-term capital. This goal has been taken in the draft of the Collective Investment Fund Policy, 2083 made public by the Securities Board. The Securities Board of India has prepared the draft of this policy to make […]<\/p>\n","protected":false},"author":16,"featured_media":122846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45137,45159,45180],"tags":[],"class_list":["post-320127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-mutual-fund-en","category-news-en","category-stockmarket-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/320127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=320127"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/320127\/revisions"}],"predecessor-version":[{"id":320128,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/320127\/revisions\/320128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/122846"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=320127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=320127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=320127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}