Regulatory Alerts2024-10-14
Added
DMD Circular No. 02: Regarding fixation of fees/charges against service of govt. securities.
The document fixes maximum fees for specific government securities services, including opening a PIDs account, participating in primary auctions, secondary trading, annual account maintenance, and income tax certificates, with different caps for individual and institutional investors. It explicitly prohibits the imposition of any fees for other related services such as profit/coupon/principal payment, allotment/holding reports, and PID locking. These fee structures and prohibitions take immediate effect for all scheduled banks and financial institutions operating in Bangladesh.
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