Regulatory Alerts2025-05-28
Added
PSD Circular No. 07: Regarding online gambling activities
The Payment Systems Department of Bangladesh Bank mandates mobile financial service providers, payment system operators, and payment service providers to monitor for and prevent involvement in online gambling activities. Entities must utilize AI-based technology and physical observation to detect such activities, immediately report suspected involvement to law enforcement, raise consumer awareness regarding the harms of online gambling, verify that merchants operate at their registered locations, and comply with the Cyber Security Ordinance 2025. These directives take immediate effect.