Regulatory Alerts2023-11-28
Added
DFIM Circular Letter No. 24: Precautionary measures to ensure safety of the buildings of Finance Companies
Finance companies operating in Bangladesh are directed to install the required number of CCTV cameras at entrances, interiors, exteriors, and all areas involving cash. These companies must ensure the installed cameras are under 24-hour monitoring, establish procedures to provide video footage to nearby police stations upon request, and retain video footage for a minimum of one year. This directive is issued under the powers granted by Section 41(2)(g) of the Finance Companies Act, 2023.
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