Finance-Law

Bangladesh Bank introduces new rules for investment in Alternative Investment Fund by banks

30 November 2015

Through DOS Circular No. 02 dated 24 November, 2015, Bangladesh Bank introduces the new rules.

The rules applicable to investment in non-listed special purpose fund/funds (Special Purpose Vehicle, Alternative Investment Fund or similar, stated as such fund(s) henceforth) which are registered with Bangladesh Securities and Exchange Commission (BSEC).

DSE and CSE introduced new Listing Regulations

20 July 2015

Country’s two Stock Exchanges recently introduced new listing regulations. The new regulation will be known as Dhaka Stock Exchange (Listing) Regulations, 2015 and Chittagong Stock Exchange (Listing) Regulations, 2015.

Both the regulations of (DSE and CSE) have almost similar terms and conditions. Under the new regulations, any public offer must be approved by the Exchange first. Exchange will review the application and may require additional disclosure, information, documents, certification or clarification. Once satisfied, the Exchange will submit its recommendation to Bangladesh Security Exchange Commission for their approval.

Bangladesh gets its first Private Equity, Venture Capital financing regulations

28 June 2015

Bangladesh Securities and Exchange Commission (BSEC) by a notification on June 22, 2015 introduced the regulation. Previously there was no regulation regarding Private Equity and Venture Capital financing in Bangladesh. The rules called Bangladesh Securities and Exchange Commission (Alternative Investment) Rules, 2015 (the Rules) became effective from June 22, 2015.