Regulatory Alerts2022-08-04
Added
DOS Circular Letter No. 30: Regarding Exposure Limit of Banks in Capital Market
The Department of Off-Site Supervision (DOS) of Bangladesh Bank mandates that for calculating the maximum exposure limit of banks' shareholdings in other companies under Section 26C(1) of the Banking Company Act, 1991, the purchase price paid by the bank must be treated as the 'market value'. This directive applies to shares, corporate bonds, debentures, mutual funds, and other capital market instruments. The instruction takes immediate effect and supersedes previous valuation methods outlined in DOS Circular No. 02/2013 and DOS Circular Letter No. 07/2014, while leaving other provisions of those documents unchanged.
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