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Showing posts from September, 2025

Key changes to Bangladesh's banking and finance laws in 2025

 Key changes to Bangladesh's banking and finance laws in 2025 focus on enhancing financial stability, central bank autonomy, digital payments, bank resolution mechanisms, and tax reforms via ordinances and amendments. Major Banking Reforms, Bank Resolution Ordinance, 2025:  Empowers Bangladesh Bank (BB) to manage failing banks through resolution tools, emergency liquidity assistance (by December 2025 with Shariah-compliant options), and asset recovery to combat embezzlement  Bangladesh Bank Autonomy Ordinance (draft approved October 2025 ):  Grants BB full budget control, restricts direct government financing, and aligns with IMF reforms for fiscal independence . Deposit Protection Law Amendments:  Introduces risk-based contributions (e.g., NBFIs at 0.5% of paid-up capital by July 2028) and safeguards for mergers to protect depositors. Finance and Tax OrdinancesFinance Ordinance, 2025 (June):  Raises personal tax-free threshold to Tk 375,000 (higher for wom...