BSEC Plans amendments to IPO margin loan and mutual fund rules

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BSEC Plans amendments to IPO margin loan and mutual fund rules

B Mirror Report: The newly appointed Chairman of the Bangladesh Securities and Exchange Commission (BSEC), Masud Khan, has said that initiatives will be taken to amend recently gazetted regulations related to Initial Public Offerings (IPO), margin loans, and mutual funds in the stock market.

He made the remarks during a courtesy meeting with the board of directors of the Dhaka Stock Exchange (DSE), led by its Chairman Mominul Islam, at the BSEC office on Sunday. The DSE board also met with the newly appointed three BSEC commissioners and extended their congratulations and floral greetings.

Chairman Masud Khan said efforts will be made to ensure full digitalization of capital market operations and to make the IPO process faster, more transparent, and aligned with international standards. He emphasized building a transparent, accountable, technology-driven, and sustainable capital market with the cooperation of all stakeholders.

He further stated that the commission has already begun working on a clear roadmap to make the capital market more efficient, dynamic, and investor-friendly. The main focus, he added, will be to reduce unnecessary complexities and establish a simplified and effective regulatory framework.

During the meeting, DSE delegation members included directors Syed Hammadul Karim, Muhammad Ishaq Mia, Syeda Zakerin Bakht Nasir, Snehasish Barua FCA, Richard D’Rozario, Minhaj Mannan Imon, Md. Hanif Bhuiyan, Md. Sajedul Islam, along with DSE Managing Director Nuzhat Anwar and senior management officials.

 

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