Monday 3rd August 2026
Kathmandu — The Nepal Securities Board (SEBON) has unveiled the Main Regulatory Framework for Securities Financing Services, 2026, outlining a comprehensive plan to modernize Nepal’s capital market and align it with international standards. The 54-page framework aims to transform a market that has long been dominated by cash-based trading...
Kathmandu — Nepal’s non-life insurers more than doubled their earthquake premium reserve fund over the past year, strengthening their financial preparedness against seismic risk. However, two of the country’s oldest insurers (Nepal Insurance and Rastriya Beema Company) have yet to set aside any reserves for earthquake-related liabilities. The industry’s...
Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has concluded its four-day Branch Managers’ Conference in Chitwan, bringing together branch leaders and senior management to review performance, outline future strategy, and recognize outstanding employees. Held from July 30 to August 2, the conference focused on reviewing the company’s performance in the fiscal year 2025/26, formulating strategies for FY 2026/27, honoring top-performing regional heads, branch managers,...
Kathmandu — Nepal’s non-life insurers more than doubled their earthquake premium reserve fund over the past year, strengthening their financial preparedness against seismic risk. However, two of the country’s oldest insurers (Nepal Insurance and Rastriya Beema Company) have yet to set aside any reserves for earthquake-related liabilities. The industry’s earthquake reserve fund reached NPR 455 million by the end...
Editorial For the Nepal Insurance Authority (NIA), the past seven months have been marked not by regulatory breakthroughs, but by turmoil. The nation’s apex insurance watchdog has seen two of its most senior leaders fall under scrutiny—one acquitted, the other suspended—and now stands cautiously under interim leadership. These events, unfolding one after another, have exposed not just the fragility...
Kathmandu — The Supreme Court of Nepal has ruled that the issuance of Himalayan Reinsurance Limited’s initial public offering (IPO) at a premium price was not carried out in accordance with the law. In its recently published full verdict, the Court held that both the Securities Board of Nepal (SEBON) and the Nepal Insurance Authority (NIA) failed to comply...
Kathmandu — Nepal Rastra Bank (NRB) has rolled out a new set of regulations requiring banks and financial institutions to tighten oversight of dormant accounts, as part of broader efforts to reduce financial crime and curb the misuse of inactive banking channels. The measures, introduced through amendments to the Unified Directives 2082, were issued by the Bank and Financial Institutions Regulation Department under the authority granted by Section 79...
