Regulatory Alerts2026-08-06
Added
BRD Circular No. 02: Formulation of Temporary Administration Regulations, 2026 Under Bank Resolution Act, 2026
The Bangladesh Bank issues the Temporary Administration Regulations, 2026, to govern the appointment, qualifications, powers, and duties of administrators for scheduled banks and finance companies under the Bank Resolution Act, 2026. The regulations mandate that administrators be appointed by the Bank Resolution Department, establish specific eligibility criteria and conflict-of-interest rules, and require the submission of financial reports, plans, and final reports within strict timelines. Additionally, the regulations repeal the previous 2025 regulations regarding bank resolution and schedule the transition of assets and liabilities to new management or bridge banks.
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