Regulations for the prompt release and disposal of perishable commodities were introduced. August 20, 2021. The government has implemented the Perishable Goods Speedy Release and Disposal Regulations 2021 through a notification dated August 8, 2021 (Gazette published...
FDI reports must be provided within 20 days of each quarter’s end. February 20, 2023. On February 16, 2023, Bangladesh Bank released SD Circular No. 02/2023, advising all AD banks and their offshore units about the move. What’s...
Bangladesh Bank now mandates Value, Unit Price, and Quantity in Pro Forma Invoice September 24, 2023. According to the Guidelines for Foreign Exchange Transactions, Volume-1, Chapter-7, Section-2, Para-20, Authorized Dealer banks must verify the...
Bangladesh implemented its first cosmetics regulations September 25, 2023. Bangladesh’s Parliament has passed the Drug and Cosmetics Act 2023 (“Act”). While Bangladesh previously had drug controls, this new act is the country’s first complete...
Bangladesh enacted commodity exchange rules October 17, 2023. The Bangladesh Securities and Exchange Commission (BSEC) has recently published a new notification (BSEC/CMRRCD/2009-193/65/PRD/147 dated October 2, 2023) to regulate the commodity exchange market in...
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