How SEC BD Is Transforming The Financial Future Of Bangladesh
Abstract bangladesh's securities and exchange commission (sec) is an essential regulatory body that ensures the integrity, transparency, and fairness of financial transactions. Bangladesh is currently experiencing a wave of crucial financial sector reforms, moving its banking system closer to global standards. The central bank, the bangladesh bank (bb), is spearheading a massive overhaul focussing on fixing bad loans, professionalising management, and preparing for the digital future. In the dynamic landscape of bangladeshs capital market, the securities and exchange commission (sec) stands as the vigilant guardian, overseeing the activities of capital market intermediaries and ensuring the integrity and transparency of financial instruments. Established in 1993 under the securities and exchange commission act, the sec plays a pivotal role in regulating and administering.
By fostering sustainable financial practices, bsec aims to align the capital market with global sustainability goals, ensuring that the market thrives in the long run. Bsec's reform agenda represents a bold vision for the future of bangladesh's capital market. To fuel the country's rapid economic growth, bangladesh is transforming its infrastructure through mega projects spanning new ports, rail links and bridges. The asian development bank notes that increasing capital flows is critical to improving the competitiveness of domestic industries and overall economic efficiency and bangladesh is doing just that. The bangladesh securities and exchange commission (bsec) was established on 8th june, 1993 as the regulator of the countrys capital market under the provision of bangladesh securities and exchange commission act 1993.
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