Regulatory Alerts2021-11-16
Added
DMD Circular No. 02: Implementation of Guidelines on Electronic Dealing System for Interbank Money Market (EDSMoney)
Bangladesh Bank mandates that all unsecured interbank money market transactions (Overnight, Short Notice, and Term) be conducted exclusively through the EDSMoney platform, with full live operations required by December 1, 2021. During the three-month transition period following the platform's full launch, participating banks and financial institutions must submit daily call money transaction reports via email in Oracle format by 4:30 PM, including corrections or nil statements as applicable.
Topics
Share