SEBON Issues New Directives to Enhance Broker Accountability and Investor Protection

26th August 2026, Kathmandu

The Securities Board of Nepal (SEBON) has introduced new regulatory guidelines for stockbrokerage companies as part of the Capital Market Development Roadmap 2083 BS.

New Directives Issued by SEBON

The directives focus on fund segregation, settlement timeliness, grievance management, and investor education.

Fund Segregation and Financial Management

Separate Bank Accounts: Brokerage firms are strictly required to maintain separate bank accounts for their internal operational funds and customer transaction funds to safeguard investor money.

Settlement Efficiency and Grievances

Mandatory T+2 Settlement: Brokers must strictly adhere to the T+2 settlement cycle, ensuring investors receive proceeds from share sales within two working days of the transaction.

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Investor Grievance Units: Every brokerage company must establish a dedicated unit to handle investor complaints systematically.

Monthly Grievance Reporting: Brokers must submit a monthly report on received complaints and their resolution status to SEBON within the first three days of the following month.

Financial Literacy Initiatives

Monthly Investor Education: Brokerage companies are required to organize at least one financial literacy program each month to educate investors on stock market fundamentals, risk management, and sound investment practices.

For More: New Directives Issued by SEBON