The much awaited amendment is here folks. Finally the Parliament has passed the Foreign Exchange Regulation (Amendment) Act, 2015 and on September 9, 2015, the gazette has been published.
Let’s take a look what has changed and how you might be affected.
- Applicable to all resident in Bangladesh:
From now on Foreign Exchange Regulation will be applicable to virtually all persons living in Bangladesh irrespective of their nationality except foreign diplomatic representations or accredited officials of such representations located within Bangladesh and offices of organizations established by international treaty located within Bangladesh.