Regulatory Alerts2021-09-28
Added
DID Circular Letter No. 01: Regarding Submission of Significant Information
The Deposit Insurance Department requires all scheduled banks operating in Bangladesh to promptly notify the department of any fundamental changes, whether temporary or permanent, that may impact deposit insurance premium calculations. This directive addresses delays in reporting regulatory updates and basic banking changes that have previously hindered the premium calculation process. Banks are instructed to ensure timely submission of such significant information to avoid disruptions in administrative procedures.
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