Regulatory Alerts2026-07-05
Added · Updated
FEPD-1 Circular No. 18: Appointment of Audit firms for Auditing of Export Incentive/Export Subsidy
Bangladesh Bank's Foreign Exchange Policy Department-1 (FEPD-1) Circular No. 18 details the appointment process for audit firms to review cash assistance and export subsidy applications for the 2026-2027 financial year. Banks may appoint an equal number of audit firms already engaged in their general audit, provided they obtain a No Objection Certificate from FEPD-1. For any additional audit firms, a justified application with relevant details must be submitted to FEPD-1 for approval, while previous circular instructions on audit activities remain effective.
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