Dhaka:The Bangladesh Securities and Exchange Commission (BSEC) has invited stakeholders to share their opinions and recommendations on the Mutual Fund Rules, 2025, with the aim of strengthening the mutual fund sector and making the regulatory framework more effective and market-oriented.
According to United News of Bangladesh, the securities regulator organized a consultation meeting with stakeholders on Wednesday at its Agargaon office to review the rules and identify areas that may require amendments and improvements. BSEC Chairman Masud Khan presided over the meeting, which included the attendance of commissioners, officials from relevant departments, and representatives from the Department of Financial Institutions, the Bangladesh Securities and Exchange Commission, the CDBL, and other concerned organizations, as well as mutual fund trustees, asset management companies, custodians, and other capital market institutions.
At the start of the meeting, BSEC Executive Director Md Mahmudul Haque presented a paper titled 'Review on the Bangladesh Securities and Exchange Commission (Mutual Fund) Rules, 2025,' which highlighted various aspects of the existing rules and potential areas for amendments. During the discussion that followed, participants shared their views, suggestions, and recommendations on different provisions of the rules, focusing on making the mutual fund regulatory framework more effective and conducive to institutional investment.
BSEC Chairman Masud Khan expressed gratitude to the participants for their constructive opinions and suggestions, emphasizing the importance of their feedback to the commission. He assured that the commission would review the rules and consider necessary amendments in line with international best practices and stakeholders' recommendations, while ensuring that no arbitrary or unilateral decisions would be made. Khan also stressed the significance of increasing institutional investors' participation in the capital market and highlighted the role of mutual funds in expanding the market and contributing to economic development.
Furthermore, Masud underscored the importance of financial literacy and investment education, stating that improving investors' financial knowledge and ability to make informed decisions is crucial for the sustainable development of the capital market. He urged BSEC, capital market-related institutions, and other stakeholders to collaborate in strengthening financial literacy and promoting informed investment practices.