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BSEC circular regarding margin rule dated Monday, August 17, 2026

BSEC Press Release 14th July 2026

The end of the financial year isn't just about closing books; it’s about celebrating growth, resilience, and new goals.

Thank you to our amazing clients for another prosperous year of growth. Here’s to building an even stronger future together!

Masud Khan, a renowned chartered accountant, has been appointed Chairman of the Bangladesh Securities and Exchange Commission (BSEC) on Thursday, hours after the immediate past chairman Khondoker Rashed Maqsood resigned.

Prior to his appointment, Mr Khan served as Chairman of Unilever Consumer Care since April 2019. He is also serving as chief adviser to the board of Crown Cement Group Bangladesh.

With over 45 years of experience in leading multinational and local companies, Mr Khan previously served LafargeHolcim Bangladesh for 18 years as Chief Financial Officer and spent 20 years with British American To***co in finance and related roles both in Bangladesh and abroad.

He has also served as an independent director of Singer Bangladesh and Community Bank Bangladesh PLC. In addition, he has been a lecturer at the Institute of Chartered Accountants of Bangladesh for 45 years.

Mr Khan holds a Bachelor of Commerce (Honours) degree from St. Xavier’s College, University of Kolkata. The cost and management accountant earned a silver medal in the all-India CA examination in 1977.

The newly appointed commissioners are Md Nafeez-Al-Tarik, Managing Director of Dhaka Bank Securities; Nahid Mahtab, a Supreme Court lawyer; and Tanvir Habib Rahman, Director (Finance) of ASA International (ASAI).

In a circular issued on Wednesday, the central bank clarified that foreign investors will no longer be required to obtain a capital gains tax (CGT) certificate when selling shares or securities.

According to the directive, proceeds from the sale of by foreign investors must be deposited directly into their Non-Resident Investor’s Taka Account ( ). Banks will deduct applicable taxes at the time of transferring funds abroad from these accounts.

The new measure is expected to make it easier for foreign to repatriate dividends and to their home countries, while also encouraging reinvestment in ’s capital market.

Countries typically borrow from the during periods of economic distress. These situations often fall into a few common categories:

●Balance of payments crises: When nations cannot pay for imports or service external debt.
●Currency instability: Sharp devaluations or loss of foreign reserves.
●Fiscal imbalances: Large government deficits and rising public debt.

Unlike traditional loans, IMF financing is denominated in Special Drawing Rights (SDRs), an international reserve asset created by the IMF. are based on a basket of major currencies:

●U.S. dollar
●Euro
●Chinese yuan
●Japanese yen
●British pound

Despite its role as a financial backstop, the IMF has faced criticism over its policy conditions. Loan programs often require economic reforms, such as austerity measures, that can be politically and socially challenging.

Critics argue these conditions can slow growth or worsen inequality, while supporters say they are necessary for long term stability.

Mapped: The Countries Most in Debt to the IMF Explore over 80 countries in debt to the IMF, the biggest borrowers of debt, and how IMF loans and SDRs work.

Following the announcement, 's share price declined by 4.66%, closing at Tk38.90.

The sell-off is notable given the company's recent strategic development. On 24 March, Runner announced a Master Supply and Manufacturing Agreement (MSMA) with Auto Industry Company to explore local production of electric vehicles. While the partnership marks a significant step forward for Bangladesh's automotive sector, the company noted that the final investment size and financial impact are yet to be determined.

The move comes shortly after a similar decision by major foreign investor , which on 9 April announced plans to offload 50 lakh shares from its holding of 1.83 crore shares. The simultaneous exits by a sponsor and a foreign shareholder have sparked unease among market participants.

Runner shares slide as sponsor announces full exit According to a regulatory filing with the Dhaka Stock Exchange today, Ahmed plans to complete the sale by 30 April through both public and block markets at the prevailing market price.