ANNOUNCEMENT 09 Jan 2013

In January 2013, the government of Bangladesh announced a change in repatriation and surrender requirements.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 09 Jan 2013 | Removal date: open ended
Still in force

Repatriation & surrender requirements

On 9 January 2013, the Bangladesh Bank issued FE Circular No.2 which removes the mandatory approval prior to the remittance of commission earnings earned by local firms in their partnerships with foreign brokerage firms for investments in Bangladesh.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A