Wednesday 29th July 2026
Kathmandu — The Supreme Court’s recent ruling on premium-priced initial public offerings (IPOs) is not expected to impose any additional financial burden on the five insurance companies that issued shares at a premium, as the Nepal Insurance Authority had already required them to ring-fence those funds nearly three years...
Kathmandu — The Supreme Court has raised serious concerns over the regulatory oversight exercised by the Nepal Insurance Authority and the Securities Board of Nepal (SEBON), stating that both institutions failed to discharge their statutory responsibilities in accordance with the law. In its verdict, the Court held that the...
Kathmandu — The Supreme Court’s recent ruling on premium-priced initial public offerings (IPOs) is not expected to impose any additional financial burden on the five insurance companies that issued shares at a premium, as the Nepal Insurance Authority had already required them to ring-fence those funds nearly three years ago. The issue has drawn renewed attention following the publication of the full text of...
Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in the current fiscal year. More than half a dozen insurance companies are gearing up to launch new insurance plans after...
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...
