Regulatory Alerts2009-11-03
Added · Updated
FEPD Circular No. 21: Submission of Return on Foreign Direct Investment and Private Sector External Debt
Authorized Dealers and Offshore Banking Units must submit returns on Foreign Direct Investment and Private Sector External Debt to the Statistics Department of Bangladesh Bank using Forms ED-1, ED-2, and FI-1. Form ED-1 is due within one month of foreign loan approval, Form ED-2 quarterly within one month after the reference quarter, and Form FI-1 half-yearly within three months of the half-year end. Recipient entities must obtain a certificate from the Statistics Department confirming their submission status, and banks are required to verify this certificate before providing financial facilities. The reporting obligation for Forms ED-2 and FI-1 commences in December 2009, while instructions for new investments and loans take effect immediately.
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