BSS
  24 Dec 2025, 16:13

BSEC extends deadline for provisioning of 6 market intermediaries

DHAKA, Dec 24, 2025 (BSS) - The Bangladesh Securities and Exchange Commission (BSEC), the country’s capital market regulator, has decided to conditionally extend the deadline for provision conservation and adjustment for six additional intermediary institutions.
 
This decision aims to provide relief to firms struggling with deficits related to negative equity and unrealized losses.
 
The decision was finalized during the 989th Commission meeting of the BSEC, held today at the BSEC conference room in the city, said a press release.
 
The meeting was chaired by BSEC Chairman Khondoker Rashed Maqsood.
 
 According to a BSEC notification, the extension was granted after the commission reviewed and considered the action plan submitted by these institutions regarding the provisioning and adjustment of their negative equity and unrealized losses.
 
 The six institutions are: NBL Securities Limited, Unicap Securities Limited, LankaBangla Securities Limited, New Era Securities Limited, Kabir Securities Ltd and NBL Capital and Equity Management Ltd.
 
 This latest regulatory action highlighted a continuing trend of financial stress among capital market intermediaries. This extension follows a similar decision made by the BSEC earlier in November.