Regulatory Alerts2014-09-22
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FEID Circular Letter No. 06: Time Extension for Online Submission of Applications Under Section 18A and 18B of the Foreign Exchange Regulation Act, 1947
The Foreign Exchange Investment Department of Bangladesh Bank extends the deadline for commercial banks to submit applications and supporting documents online and in hard copy for permissions under Sections 18A and 18B of the Foreign Exchange Regulation Act, 1947. This extension applies to resident individuals or institutions acting as local agents for non-residents, as well as non-resident institutions establishing branches or representative offices in Bangladesh. The new submission deadline is set until December 31, 2014, superseding previous extensions granted in earlier circulars.
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