Amendment of Schedule to Securities Dealers Regulations 2064

The Government of Nepal, Ministry of Finance, has approved the amendment of the service charges listed in Schedule-14 of the Securities Businessperson (Securities Broker and Securities Dealer) Regulation, 2064, under Rule 43. This amendment will be effective from May 15, 2024.

The new service charges for securities brokerage on the purchase and sale transactions of organized institution shares are as follows:

1. For transactions up to NPR 50,000 – 0.36%

2. For transactions above NPR 50,000 and up to NPR 500,000 – 0.33%

3. For transactions above NPR 500,000 and up to NPR 2,000,000 – 0.31%

4. For transactions above NPR 2,000,000 and up to NPR 10,000,000 – 0.27%

5. For transactions above NPR 10,000,000 – 0.24%

Previously, the service charges were:

1. For transactions up to NPR 50,000 – 0.40%

2. For transactions above NPR 50,000 and up to NPR 500,000 – 0.37%

3. For transactions above NPR 500,000 and up to NPR 2,000,000 – 0.34%

4. For transactions above NPR 2,000,000 and up to NPR 10,000,000 – 0.30%

5. For transactions above NPR 10,000,000 – 0.27%

This amendment aims to reduce the service charges on securities transactions, making the securities market more competitive and attractive. All concerned are hereby informed of this amendment.