Kathmandu. Nepal Rastra Bank (NRB) has restricted the purchase of promoter shares of banks and financial institutions. Nepal Rastra Bank (NRB) has amended the integrated directive issued in the name of banks and financial institutions (BFIs).
Important details of promoter shares of promoter shares should be obtained while buying or transferring promoter shares of banks and financial institutions at least 5 percent of their paid-up capital or more than Rs 2.5 million.
The banks and financial institutions will also have to submit such details to the Nepal Rastra Bank.
- Self-declaration of compliance with the standards under the prevailing law relating to the business{
- Name, surname, address, family details, details of the actual owner and beneficiary
- Self-declaration of whether or not he has been involved in any crime in Nepal or abroad. If attached, a detailed description and current status of
- Self-declaration of whether or not any kind of case is in the process of case, investigation, alternative dispute resolution process or judicial or administrative action. Details of
- Payment as per the judgment or order of the court or competent authority, revenue to be paid, self-declaration of whether there is any government arrears
- Self-declaration of whether or not to be blacklisted or similar at home or abroad
- Whether or not there exists a conflict of interest
- Self-declaration of whether he or she owns any property outside Nepal or whether he or she is the real owner or beneficiary of any property
- Details of work experience in the relevant field, including past work, organization, responsibilities received, awards, state of punishment, examples of work success, etc.
- Financial Soundness Statement
}
}
{
if any.
