Kathmandu. The Securities Board of Nepal has formed a four-member committee to make the provisions related to margin transactions contemporary. The board has formed a four-member committee under the coordination of acting executive director Rupesh KC.

According to Shrestha, Supervision Chief Rupesh KC, Law Department’s Niranjay Ghimire and Regulation Department’s Ambika Giri have been appointed. Similarly, anuj Kumar Ghimire, branch officer of Saban,is the branch officer of The Broker Company of Saban.

The committee will submit a report making the existing arrangements related to margin transactions contemporary. Brokers have not started trading as the procedure related to margin transaction 2075 is unclear.