Regulatory Alerts2025-12-21
Added
BRD Order No. 01: Application of the Provisions of the Bank Resolution Ordinance, 2023 to Licensed Finance Companies
Bangladesh Bank declares that the Rules of the Bank Resolution Ordinance, 2023, with necessary modifications, apply mutatis mutandis to all licensed finance companies under the Finance Companies Act, 2023. This declaration is made under Section 15 of the Bank Resolution Ordinance, 2023 to safeguard financial stability and protect public interest regarding businesses conducted by finance companies. The order was issued on December 21, 2023, by the Director of the Bank Regulation Department.
Topics
Share