Welcome to our comprehensive guide on registering a private limited company in Bangladesh with foreign shareholders. This guide aims to provide you with detailed insights into the requirements, procedures, and timelines involved in setting up your business entity in Bangladesh, ensuring compliance … Read More about Company registration in Bangladesh
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Bangladesh Introduces Secure Transactions Act to Enable Movable Assets as Loan Collateral, Expanding Access to Credit
In Bangladesh, for any loan, bank usually ask for security. Usually, immovable property are considered as most secured form of security and most sought by bank. When banks consider other movable property as security, they faced a number of problems. To address those, on November 13, 2023 parliament has passed the Secure Transactions of (Moveable […]
New Manpower Criteria for Public Interest Entities
The Financial Reporting Council (“FRC”) has recently announced new regulations (SRO No. 291/AIN2023) that will broaden the definition of Public Interest Entity. These regulations, known as the Public Interest Entity (Based on Minimum Manpower) Definitions Regulations, 2023, were published on October 19, 2023. What are these new regulations? The new regulations define a Public Interest […]
Commodity Exchange Rules introduced in Bangladesh
The Bangladesh Securities and Exchange Commission (BSEC) has recently issued a new notification (BSEC/CMRRCD/2009-193/65/PRD/147 dated October 2, 2023) for regulating the commodity exchange market in Bangladesh which is called ‘The BSEC (Commodity Exchange) Rules, 2023’. The Rules contains 66 rules and several forms and exhibits, aims to ensure fair, efficient, transparent, and orderly trading of […]