CAPITAL MARKETS

The establishment of the Nepal Stock Exchange (NEPSE) in 1994, the sole stock exchange of Nepal, opened an avenue for investors, both large and small, to invest in enterprises operating in various sectors. Simultaneously, this also provided enterprises with an opportunity to obtain capital which is indispensable to any business. The Securities Board of Nepal (SEBON) is the regulator of securities market in Nepal and has been regulating the securities market under the Securities Act, 2063 (2006).

The Securities Act is supplemented with a host of laws, regulations, guidelines and byelaws that regulate the issuance and trade of various types or securities, as also the activities of stock brokers and dealers. Pioneer Law’s Capital Markets practice covers- (a) review of offer documents and other transaction documents, (b) advice on rights issue and private placement of shares by listed entities and other public offerings, (c) advisory to listed entities and intermediaries on regulatory and statutory compliances, (d) assistance with registration with SEBON as well as in obtaining approvals, and (e) advising listed entities on corporate governance issues and disclosure requirements. Pioneer Law has also assisted the regulator and Multilateral Development Agency in important policy and legal reform projects including preparation of Capital Market Development Plan and revisiting of the securities regulations.

Pioneer Law has also been assisting our foreign clients listed or seeking listing overseas, to make disclosures regarding to their investment / operation in Nepal, in accordance with the relevant listing rules. Our dedicated team of lawyers having experience and knowledge in this area of practice, is able to keep up with the changes in the capital markets and provide solutions tailored to meet clients’ needs.

Please email us at info@pioneerlaw.com for more information on our work or overview of our Capital Market practice.