Regulatory Alerts2024-06-11
Added · Updated
BRPD Circular Letter No. 28: Limitation on Ex-Bangladesh travel of bank officials and employees
This circular maintains the prohibition on bank officials and employees traveling abroad for training, seminars, workshops, or study tours, while permitting travel for personal reasons such as Hajj or medical treatment, for foreign nationals returning to their home country, for staff at foreign bank branches in Bangladesh traveling to their headquarters, for official duties at sister banks, and for training organized by foreign investors. The previous restrictions on personal travel and the subsequent relaxations issued in Circular Letters No. 16 and 17 dated May 22 and 23, 2022, are hereby repealed, though actions taken under those prior directives remain valid. The existing instructions regarding the travel of Managing Directors and Chief Executive Officers remain unchanged.