Regulatory Alerts2022-05-22
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FEPD Circular Letter No. 14: Remittance on account of attending training, seminar, workshop abroad
Authorized Dealers in Bangladesh are advised to refrain from executing transactions under the general authorization of GFET-2018, Vol-1, Ch-11, Para-14 for employees of banks and financial institutions operating in Bangladesh. This restriction applies to remittances for registration or participation fees for training, seminars, or workshops abroad. The directive aligns with instructions from the Ministry of Finance dated 12 May 2022 and 16 May 2022. Authorized Dealers must ensure strict compliance at all branches until further instruction.
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