Securities Board Of Nepal (sebon)

What Securities Board Of Nepal (sebon) does

Securities Board of Nepal (SEBON) is the statutory regulatory body for Nepal's securities and commodity markets, established in 1993 under the Securities Act and operating under the oversight of the Ministry of Finance, Government of Nepal. SEBON's mandate covers the full securities value chain: approving IPOs, FPOs, rights issues, debentures, and mutual fund schemes; licensing and supervising market intermediaries; enforcing securities law; and protecting investor interests. Its regulated ecosystem comprises 1 stock exchange, 1 CDS and clearing corporation, 90 stock brokers, 32 merchant bankers, 24 mutual funds, 125 depository participants, 43 ASBA service banks/financial institutions, 17 fund managers, 19 specialized investment fund managers, and 2 stock dealers. SEBON is an Associate Member of IOSCO and conducts recurring national investor education programs including Global Money Week and World Investor Week.

SEBON operates a unified digital regulatory platform anchored by its official website portal (sebon.gov.np), which provides public access to IPO/FPO approval pipelines, right share and debenture approvals, mutual fund scheme tracking, securities registrations, bonus share records, enforcement actions, and annual/quarterly publications. Supporting digital tools include an E-Attendance System for internal HR operations, a Grievance/Complaint Registration Portal for investor complaints, and a basic chatbot for user inquiries. The organization maintains a Facebook presence and a careers page, and operates a dedicated toll-free investor hotline (1660 01 44433) plus a grievances hotline.

SEBON is funded by the Government of Nepal and through fees collected from regulated entities, with no commercial revenue model. Its recent activity includes issuing new Margin Trading Facility Guidelines (2082 BS), signing an MoU with FNCCI for investor education (October 2023), suspending the broker license of Brikut Stock Broking Company, appointing Dr. Gopal Prasad Bhatta as Chairman in 2025, and celebrating its 34th anniversary (Silver Jubilee). Geographic footprint is exclusively domestic Nepal, with no stated international expansion.

Name

Securities Board Of Nepal (sebon)

Legal name

Securities Board of Nepal

Website

https://www.sebon.gov.np

Company type

Private

Founded year

1993

Operating status

Operating

Short description

Securities Board of Nepal (SEBON) is the statutory securities regulator established in 1993 that licenses and supervises Nepal's market intermediaries, approves IPOs/FPOs/debentures/mutual funds, enforces securities law, and protects investor interests. It is an IOSCO Associate Member operating under the Government of Nepal.

Ownership category

akta.pro rank

Product category

Securities Market Regulation

NAICS

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)

akta.pro primary industry

Financial Services Regulators (Banking, Securities, Insurance) (BPAIAOAK)

akta.pro secondary industries

KYC/Client Due Diligence & Participant Onboarding Controls (FSAFAKAF), Central Securities Depositories (CSDs) & Settlement Systems (FSACAHAA), Trade Services, Compliance & Controls (Sanctions, AML/KYC, Documentation) (FSABAHAK)

Keywords

• Securities regulation
• Capital market supervision
• Intermediary licensing
• Securities issuance approval
• Investor protection

Headquarters

HQ city

Lalitpur

HQ country

Nepal

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Distribution channels1 record

Marketing channels5 records

Core offering

Securities Board of Nepal (SEBON) is the statutory regulatory body that regulates Nepal's securities and commodity markets. It licenses and supervises market intermediaries such as stock exchanges, stock brokers, merchant bankers, credit rating agencies, mutual funds, and depository participants, and approves public securities issues including IPOs, FPOs, rights issues, debentures, and mutual fund schemes.

Product overview

Securities Board of Nepal (SEBON) operates as a unified regulatory platform for Nepal's securities market, functioning as a statutory regulatory body rather than a commercial product company. The core offering is the SEBON Official Website Portal, which provides integrated access to regulatory services including stock exchange supervision (1 Stock Exchange), CDS and Clearing Corporation oversight, credit rating agency monitoring, merchant banker supervision (32 entities), fund management oversight (17 entities), depository participant management (125 DPs), ASBA bank services (43 institutions), stock broker supervision (90 brokers), stock dealer oversight (2 dealers), mutual fund regulation (24 funds), and specialized investment fund management (19 managers). The portal also manages IPO/FPO approvals and pipelines, right share issues, debenture approvals, and bonus share registrations. Supporting digital tools include an E-Attendance System for internal operations, a Grievance/Complaint Registration Portal for investor complaints, and a SEBON Chatbot for user assistance. Publications include annual reports, study reports, journals, and quarterly statistics on securities market performance.

Differentiator

Problem solved

Functional benefit

Products and services

• SEBON Official Website Portal Central government regulatory portal for Nepal's securities market, providing public access to IPO/FPO approvals, stock exchange supervision, enforcement actions, publications, and regulatory filings. Used by listed companies, intermediaries, investors, and the general public.
• Stock Exchange Supervision Services Regulatory oversight and supervision of stock exchange operations including Nepal Stock Exchange (NEPSE) and Nepal SX, ensuring fair trading and compliance with securities laws.
• Stock Broker Supervision Licensing, regulation, and ongoing monitoring of 90 registered stock brokers operating in Nepal's securities market, including enforcement actions such as license suspensions.
• Merchant Banker Supervision Regulatory oversight of 32 merchant bankers involved in securities issuance, underwriting, and investment banking activities in Nepal's capital market.
• IPO/FPO Approval Services Statutory approval and pipeline management for Initial Public Offerings (IPOs), Follow-on Public Offerings (FPOs), rights issues, and debenture offerings from listed companies.
• Mutual Fund Scheme Regulation Approval, supervision, and ongoing regulation of 24 registered mutual funds, their schemes, and 19 specialized investment fund managers in Nepal.
• AML/CFT Supervision Anti-Money Laundering and Combating the Financing of Terrorism supervision for securities market participants, ensuring compliance with AML/CFT standards.
• CDS and Clearing Corporation Supervision Regulatory supervision of central depository system (CDS) and clearing corporation operations responsible for securities settlement in Nepal.

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor and core.

• FNCCI (Federation of Nepalese Chambers of Commerce and Industry)minorStrategic or Co-development Partner · 8 October 2023SEBON and FNCCI signed a Memorandum of Understanding for investor knowledge enhancement. The partnership aims to promote investor education and awareness among business community members.
• IOSCO (International Organization of Securities Commissions)coreOthersSEBON is an Associate Member of IOSCO, the international body that brings together securities regulators to promote high standards of regulation and investor protection.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Securities and Exchange Board (Bhutan) - Royal Securities Exchange of Bhutan: Bhutan's securities market infrastructure and oversight body. Comparable given its small, frontier-market scale and Himalayan regional adjacency to Nepal, with similar limited product and intermediary scope.
• Financial Services Regulatory Authority of Maldives: South Asian regulator with responsibility for capital markets supervision in a similarly small frontier economy. Useful as a peer for benchmarking regulatory frameworks in markets of comparable scale.

Broad incumbents

• U.S. Securities and Exchange Commission (SEC): Global benchmark for securities market regulation covering intermediaries, public offerings, mutual funds, and investor protection. Relevant as a broad incumbent reference for the scope and rigor of SEBON's mandate.
• Securities and Futures Commission (Hong Kong): Statutory regulator of Hong Kong's securities and futures markets. While operating in a far more developed market, it shares IOSCO membership and a similar functional mandate (intermediary supervision, market integrity, AML/CFT) relevant as an aspirational benchmark.
• Capital Market Authority (Saudi Arabia): Statutory regulator overseeing securities and commodity markets in Saudi Arabia. Comparable on the dimensions of securities-issue approvals, intermediary supervision, AML/CFT oversight, and investor education mandate.

Direct peers

• Securities and Exchange Board of India (SEBI): Statutory securities market regulator of India with comparable mandate covering intermediaries, IPO approvals, mutual funds, and investor protection. Highly relevant given regional adjacency, similar legal tradition, and parallel IOSCO membership.
• Bangladesh Securities and Exchange Commission (BSEC): Statutory regulator of Bangladesh's securities market supervising brokers, merchant bankers, and mutual funds. Closely comparable to SEBON in scale, frontier-market context, and South Asian regulatory remit.
• Securities and Exchange Commission of Sri Lanka: Statutory securities regulator of Sri Lanka with similar market depth and supervisory mandate covering stock exchanges, brokers, and collective investment schemes. Direct functional peer within the South Asian region.
• Securities and Exchange Commission of Pakistan (SECP): Pakistan's integrated securities and corporate regulator. Comparable institutional function — supervising stock exchanges, brokers, mutual funds, and corporate issuers — within a neighboring South Asian jurisdiction.

Others

• Securities and Exchange Board of India (International Organization of Securities Commissions peer group): IOSCO is the international body whose Associate Membership framework SEBON operates within. As SEBON's primary international alignment mechanism, IOSCO is a thematically adjacent organization rather than a direct regulator peer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SebonOfficial

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Securities Board Of Nepal (sebon)