He will be in the post for the next four years

What can we do better? Why is Vietnam successful and not us?

They were awarded with the Independence Golden Jubilee Award 2023

The government yesterday appointed two commissioners at the Bangladesh Securities and Exchange Commission (BSEC) for a four-year term while extending the tenure of an existing commissioner by another term.

Analysts say the regulator’s intervention is denting investors’ confidence and it comes at a time when they are still smarting from the wounds caused by the 18-month-long floor price, a period when most of the stocks were untradeable.

Banks and financial institutions need to embrace global sustainability disclosure standards to access international financing and promote private sector development, said Mizanur Rahman, a commissioner of the Bangladesh Securities and Exchange Commission (BSEC).

The long-term imposition of the floor price has had a negative impact on the stock market, leading to the current bearish trend, according to Md Ashequr Rahman, managing director of Midway Securities.

An IMF team meets BSEC officials today

Non-bank financial institutions (NBFIs) have remained comparatively less regulated owing to a major gap between the Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC) on some provisions relating to corporate governance, according to analysts.

Only two years ago, Bangladesh's stock market was termed 'hidden gem.'

Best Holdings is the owning entity of Le Méridien Dhaka

The company’s accumulated loss now stands at Tk 325 crore

BSEC awards nine stakeholders in three categories

BSEC to sit with the parties involved

Earlier they were allowed to invest up to 60%

The enquiry committee found that Islam illegally transferred Tk 45.07 crore from mutual funds

The floor price was lifted in December last year to bring vibrancy to the market

A two-day meeting of International Organization of Securities Commissions will begin in Dhaka on February 22

Ahmed Zaker & Co Chartered Accountants has been banned from auditing all listed companies and mutual funds as the accountancy firm did not attend any enquiry hearing of four mutual funds of UFS Asset Management.

The Bangladesh Securities and Exchange Commission (BSEC) cannot monitor all companies properly due to a lack of manpower, said BSEC Chairman Prof Shibli Rubayat-Ul-Islam.