2025-02-20
Added
Authorized Dealers in Bangladesh are required to comply with the revised Foreign Exchange Risk Management Guidelines immediately. These guidelines update previous standards to address versatility, diversity, risk, and innovation in the foreign exchange market. The document mandates that every commercial bank prepare its own version of FX risk management guidelines covering all associated risks. Compliance is enforced under the powers conferred by Section 45 of the Bank Company Act, 1991.