Regulatory Alerts2025-03-24
Added
DFIM Circular Letter No. 05: Limitation on Ex-Bangladesh travel of finance companies' officials and employees
Finance companies in Bangladesh are permitted to allow officials and employees to travel outside Bangladesh for official purposes, provided such travel is necessary and conducted in accordance with the institution's internal policies and with the approval of the competent authority. This permission is subject to any separate instructions previously issued by Bangladesh Bank regarding foreign travel. The directive is issued under the powers granted by Section 41(2)(d) of the Finance Companies Act, 2023.
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