Regulatory Alerts2020-03-05
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BRPD Circular Letter No. 06: Firearms licensing, renewal and usage policy 2016
The document directs all banks operating in Bangladesh to comply with the Ministry of Home Affairs' 'Firearms Licensing, Renewal and Usage Policy 2016' and its October 2019 notification. It advises banks to adhere to previous BRPD Circular No. 7 (July 2015) regarding the deployment of armed security guards and other safety measures at branches and business centers. The directive ensures that banks maintain the required number of armed security personnel in accordance with established safety regulations.
Banking Regulation and Policy Department Bangladesh Bank Head Office Dhaka.
BRPD Circular Letter No. 06 21 Falgun 1426 Date: ----------------- 05 March 2020 Managing Director / Chief Executive All Banks operating in Bangladesh.
Dear Sir,
Regarding compliance with the "Firearms Licensing, Renewal and Usage Policy 2016".
Reference is drawn to the "Firearms Licensing, Renewal and Usage Policy 2016" issued by the Ministry of Home Affairs on 03 August 2016, and the notification dated 14/10/2019.
- In order to ensure compliance with the aforementioned policy in the safety regulations of bank branches and other business centers, advice is given to comply with the instructions of the aforementioned circular, including the deployment of the required number of armed security guards in accordance with paragraphs 5 and 6 of BRPD Circular No. 7, dated 05 July 2015.
Yours faithfully,
(Md. Rezaul Islam) General Manager Phone: 9530252 Ext: 3333
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