Regulatory Alerts2025-04-08
Added
DOS Circular Letter No. 04: Constitution of Special Fund for Capital Market and Investment Policy
The document extends the maturity of the Special Fund for Capital Market and Investment Policy to December 31, 2026, and updates various deadlines in DOS Circular No. 01/2020, including repo facility limits to September 30, 2026, and portfolio valuation deadlines to December 31, 2026. Scheduled banks must submit a specific portfolio reduction plan to the Department of Off-site Supervision within 30 days of the circular's issuance and ensure its implementation. Remaining investments in the fund as of the new maturity date will be treated as capital market investment funds under Section 26C of the Bank Companies Act, 1991, and reported via the Capital Market Investment Related Information (CMIRI) system.
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