Securities Board to License Experts and Analysts

The Nepal Securities Board is preparing to introduce guidelines for licensing experts and analysts in the securities market. This move comes amidst widespread discussions about the role of so-called experts and analysts in the stock market.

The board plans to form a special committee to identify these experts and analysts and regulate their activities. The directive aims to discourage undesirable activities on social media and protect investors from potential exploitation.

Countries like India already have systems in place where experts and analysts are licensed, and their activities are monitored through official rosters. A similar system has been increasingly demanded in Nepal as well.