Regulatory Alerts2020-11-10
Added · Updated
DOS Circular Letter No. 34: Submission of Market Disclosure (Pillar-3) under the Guidelines on Risk Based Capital Adequacy (RBCA)
Banks in Bangladesh must submit required market disclosure statements in both qualitative and quantitative form within seven working days of finalizing their annual audited financial statements. This requirement applies to all scheduled banks, with the deadline aligned to the time limit under section 40 of the Bank Company Act, 1991, except for banks closing accounts at the end of June. The instruction supersedes the previous requirement to provide disclosures by the end of March each year. The circular comes into immediate effect under the authority of section 45 of the Bank Company Act, 1991.
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share