Regulatory Alerts2016-01-13
Added · Updated
DFIM Circular No. 01: Regarding Statement of Diagnostic Review Report (DRR)
The Department of Financial Institutions and Markets of Bangladesh Bank requires all financial institutions operating in Bangladesh to submit their Diagnostic Review Report (DRR) within one month following the audit of their financial statements. This submission is mandated under Sections 23 and 24(5) of the Financial Institutions Act, 1993, to ensure the accurate determination of various financial indicators. The circular includes a standardized template for the DRR covering assets, liabilities, income, expenses, and capital adequacy.
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