The other five members are appointed from the nominations of the " Ministry of Industry and Commerce ", the " Banking Regulatory and Supervisory Board ", the " Association of Trade Chambers and Exchanges ", and the " Association of Capital Markets Intermediary Institutions ".
22.
The basic objective of NEPSE is to impart free marketability and liquidity to the government and corporate securities by facilitating transactions in its trading floor through member, market intermediaries, such as broker, market makers etc . NEPSE opened its trading floor on 13 January 1994.
23.
Past boom-bust cycles have led to a few one-stop investment shops, while most market intermediaries are disappearing In 1979, when Dresdner Bank wanted to enter the Indian financial market its officials had to scout around for three years before narrowing down on DSP Financial Consultants for a tie-up.
24.
CAMS Investor Services Pvt Ltd ( " CAMS KRA " ) is a SEBI registered KYC Registration Agency ( KRA ) providing KYC registration services and maintains KYC records of the investors centrally, on behalf of capital market intermediaries registered with SEBI, eliminating the need to repeat KYC . The details of services offered are: