Regulatory Alerts2017-05-30
Added · Updated
FEPD Circular Letter No. 07: Foreign Donations (Voluntary Activities) Regulation Act, 2016
Approved dealer banks must submit an annual consolidated statement of foreign donations received through their branches to the Manager, Foreign Exchange Operations Department, Bangladesh Bank, via email and hard copy between January 15 and July 15 each year, starting with the January-June 2017 period. The submission must be prepared in the Excel program, and banks are no longer required to submit statements under Annexure 43 of Appendix-2 of the Foreign Exchange Manual. This directive ensures compliance with Section 9 of the Foreign Donations (Voluntary Activities) Regulation Act, 2016.
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