Bangladesh’s Legal Reset: Rahman’s Chambers Featured in Gulf News

Rahman’s Chambers, Barristers & Advocates, is proud to announce our feature in the recent Gulf News special report, "Bangladesh’s Legal Reset: New reforms build a rules-based economy for investors." This analytical piece provides a critical legal practitioner’s perspective on Bangladesh’s historic transition from passive statutory...

Rahman’s Chambers Featured in USA TODAY Report on Bangladesh’s Sustainable Growth

Rahman’s Chambers, Barristers & Advocates, is delighted to announce its recent feature in USA TODAY’s international publication, “Bangladesh at the Crossroads: An Investor’s Gateway to Sustainable Growth.” This prestigious report highlights Bangladesh’s remarkable journey towards becoming a resilient hub for sustainable development and innovation, underpinned...

Foreign Investors Continue to Sell Shares

Summary: Due to the unfavorable economic forecast, frequent devaluations of the local currency relative to the US dollar, and unstable policy, net foreign portfolio investment in Bangladesh decreased during the July–March fiscal year 2023–2024. In 2020, foreign investors began selling their shares because they thought there...

Startups to go public soon as BSEC modernizing IPO rules

Summary:  Bangladeshi startups who were denied the chance to go public because their business strategy called for expansion before profitability will now be able to raise funds from the stock market according to modifications of the Public Issue Rules that the securities regulator is planning. However, even when...

Stocks regulator moves for strictly monitoring AGMs, EGMs 

Summary:  The Bangladesh Securities and Exchange Commission (BSEC), which oversees the stock market, has taken the lead in establishing a pool of impartial service providers to oversee and closely monitor general meetings, including extraordinary general meetings (EGMs) and annual general meetings (AGMs). The BSEC now requests...

CSE to get maiden commodity Exchange License

Summary: The country's first commodities (CX) exchange license will be granted to the Chittagong Stock Exchange (CSE) by the Securities Commission on March 20, 2024, around four months after the guidelines were published. Shaifur Rahman Mazumdar, the Managing Director of CSE, attested to this and stated...

 BSEC grants extension to 13 companies for ensuring regulatory compliance of 30% shareholder requirement

Summary: The Bangladesh Securities and Exchange Commission (BSEC) directed listed firms to ensure 30% shareholding by sponsors and directors. Non-compliant firms, including Active Fine Chemicals and Central Pharmaceuticals, face scrutiny. The commission appointed independent directors to six firms and granted a year for 13 others to...
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