Dhaka: The Bangladesh Securities and Exchange Commission (BSEC) has made the decision to approve the draft ‘Bangladesh Securities and Exchange Commission (Public Offer of Equity Securities) Rules, 2025’ to enhance transparency and accountability in the IPO approval process. This decision was reached during the 977th commission meeting held at the BSEC conference room in the capital, with BSEC Chairman Khondoker Rashed Maqsood presiding.
According to Bangladesh Sangbad Sangstha, the new draft regulation aims to replace the current ‘Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015’. This initiative follows recommendations from the Capital Market Reform Task Force and is part of a broader effort to improve the regulatory environment for public offerings.
In order to foster stakeholder participation, the draft rules will be made available in newspapers and on the commission’s official website for public feedback and verification. The proposed changes are intended to create a more accountable and transparent process for Initial Public Offerings (IPOs).
The new mechanism outlined in the draft rules stipulates that BSEC will grant final IPO approval based on recommendations from the relevant stock exchange. This marks a shift towards a more collaborative and transparent approach in the IPO approval process, aiming to build trust and efficiency in the capital markets.