Regulatory Alerts2026-09-15
Added
Transfer of Corporate Social Responsibility Funds to Prime Minister's Natural Disaster Relief Fund
The Nepal Securities Board authorizes licensed central deposit companies, merchant bankers, credit rating agencies, and securities brokers and dealers to deposit funds from their Corporate Social Responsibility (CSR) accounts into the Prime Minister's Natural Disaster Relief Fund. This measure responds to severe flooding in Rasuwa, Nuwakot, and Dadeldhura districts. Amounts transferred under this provision are recognized as fulfilling the entities' CSR obligations.
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Nepal Securities Board
(Regulatory Authority for Securities and Exchange Market of the Government of Nepal) Regulation Department Lalitpur
Letter No.: Sec. Reg. Sec. Exe. Reg. Sha. 2083/84 Dispatch No.: 715 Date: 2083/05/30
To,
The Licensed Central Deposit Companies,
The Licensed All Merchant Bankers,
The Licensed All Credit Rating Agencies,
The Licensed All Securities Brokers and Dealers,
Subject: Regarding the ability to deposit amounts held in the Corporate Social Responsibility Fund into the Prime Minister's Natural Disaster Relief Fund and treating such amounts as Corporate Social Responsibility.
Sir/Madam,
With reference to the above subject, regarding the sudden severe flood in the Bhote Koshi River in Rasuwa District on Bhadra 10, 2083, which caused significant loss of life and property in areas near rivers in districts including Rasuwa, Nuwakot, and Dadeldhura, and in the context of the Government of Nepal establishing the Prime Minister's Natural Disaster Relief and Rescue Fund for disaster, rescue, and relief efforts, the Board requests that the Licensed Central Deposit Companies, Merchant Bankers, Credit Rating Agencies, Securities Brokers, and Dealers deposit amounts from their Corporate Social Responsibility Funds into the Prime Minister's Natural Disaster Relief Fund. Accordingly, it is decided that such deposited amounts shall also be treated as Corporate Social Responsibility.
Yours faithfully,
(Prashant Rai)
Assistant Director
For Information:
The Honorable Chairman, Office of the Chairman, Nepal Securities Board.
P.O. Box No.: 9031, Khumaltar, Lalitpur, Nepal Phone No.: 00977-1-5244057, 5243162, 5544077, Extension No. Fax No. 5541058 Toll Free No: 1660-01-44433, Email: support@sebon.gov.np, Website: www.sebon.gov.np
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Source: Securities Board of Nepal — original document
Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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