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...

HYBRID SEMINAR ON M&A IN THE BANKING & FINANCE SECTOR

Mergers and Acquisitions (M&A) are strategic transactions where financial institutions are combined or consolidated. In a merger, two banks agree to integrate their operations into a single, new entity. In an acquisition, a larger institution acquires a majority stake in a target company, often retaining...

Regulator Raises Cyber-heist Alarm for Banks.

Summary Bangladesh Bank has issued a circular through which it tries to combat the recent increasing number of cyberattacks on the banking sector by requesting commercial lenders to implement a 17-point anti-heist measure. The central bank has overseen some illicit transactions on Facebook ad managers in...

Central Bank Nod is Not Required for Bandwidth Import Payments.

Summary Banks in Bangladesh do not require any permission from Bangladesh Bank to process import payments for internet bandwidth and other related services from now on. The central bank already issued a circular that allows banks to make payments abroad without requiring its permission. However, banks...

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...

Central Bank wants to reduce 1% default loans through Negotiation

Summary: Rather than suing the defaulting consumers, the central bank has instructed banks to use Alternative Dispute Resolution (ADR) to collect defaulted loans. The Bangladesh Bank issued an order on May 12, 2024, requiring all banks to recover at least 1% of their defaulted loans through...

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...
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