Rule · BSEC · 9 Sep 2015
The Bangladesh Securities and Exchange Commission instructs all registered Asset Management Companies to designate only the Managing Director or Chief Executive Officer as the official signatory for correspondence with the Commission. In the absence of these individuals, any top official approved by the company's Board may correspond, provided the Board's approval is attached to the letter. Asset Management Companies must submit the name of the official signatory and the relevant Board approval within fifteen working days of receiving the letter.
BANGLADESH SECURITIES AND EXCHANGE COMMISSION JIBON BIMA TOWER (14, 15, 16 & 20 FLOOR), 10 DILKUSHA C/A, DHAKA-1000, BANGLADESH
BSEC/MF & SPV/MF-2/2009/769
September 09, 2015
All Registered Asset Management Company of Mutual Funds
Subject: Official Signatory of the Asset Management Company.
Dear Sir,
With reference to the above subject mater, the Commission hereby instructs all the Asset Managers registered under the সিকিউরিটিজ ও এক্সচেঞ্জ কমিশন (মিউচ্যুয়াল ফান্ড) বিধিমালা, ২০০১ that only Managing Director/Chief Executive Officer of the Asset Management Company shall correspond with the Commission and in absence of him on official ground, any top official approved by the respective Board of the Company may correspond with the Commission but must attach his approval along with the correspondence letter. Otherwise, the correspondence shall not be considered as legitimate correspondence with the Commission.
In this regard, all Asset Management Companies are instructed by order to submit their name of Official Signatory and relevant Board approval within 15 (fifteen) working days of receiving this letter.
For Bangladesh Securities and Exchange Commission,
(Signature)
SK. Md. Lutful Kabir
Deputy Director (MF & SPV)
Copy to:
Copy for distribution:
Phone (PABX): +880-2-9568101-2, +880-2-9561525, Fax: +880-2-9563721, e-mail: secbd@bdmail.net, Web: www.secbd.org, www.sec.gov.bd
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