Kathmandu, Sept. 18 -- The Securities Board of Nepal has asked the Nepal Stock Exchange and CDS and Clearing to submit a report on the progress achieved in implementing its past directives.

"As some of the key policies recommended by the government still remain unfulfilled, we have asked the authorities concerned to provide a status report," said Niraj Giri, spokesperson for the board.

Last December, a task force formed by the Ministry of Finance had urged the Securities Board to enforce a 58-point recommendation to boost transactions in the secondary market.

The board has written to the Nepal Stock Exchange and asked for the reason behind the slow progress in issuing brokering licences at the provincial level. It had also told the Nep...