Regulatory Alerts2014-05-12
Added · Updated
SD Circular No. 03: Submission of returns on FDI, PSED and PI in prescribed Forms on monthly/quarterly basis
All Authorized Dealer banks, their Offshore Banking Units, and client enterprises must submit periodic returns on Foreign Direct Investment, Private Sector External Debt, and Portfolio Investment to the Statistics Department of Bangladesh Bank. Reporting frequency for inward and outward FDI and Portfolio Investment changes from half-yearly to quarterly, with a submission deadline of one month and 15 days for banks and one month for enterprises following the reference quarter. Short-term external debt status reports are required monthly within 15 days, while medium and long-term external debt agreements require a one-time report within 15 days of the agreement date. Quarterly FDI returns in Forms FI-1 and FI-2 must be accompanied by supporting financial statements, and head offices must submit branch-wise client lists by the 10th day of the month following each quarter.
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