BSS
  07 Jun 2026, 20:15
Update : 07 Jun 2026, 20:19

DSE pledges support to new BSEC leadership for capital market reforms

DHAKA, June 7, 2026 (BSS) - The Board of Directors of the Dhaka Stock 
Exchange (DSE) today pledged full cooperation with the newly-appointed 
leadership of the Bangladesh Securities and Exchange Commission (BSEC) to 
implement fundamental reforms aimed at building a transparent, efficient and 
technology-driven capital market.

A DSE delegation, led by its Chairman Mominul Islam, met newly-appointed BSEC 
Chairman Masud Khan and three commissioners at the commission's office in the 
capital to congratulate them and discuss the future roadmap for the country's 
capital market, said a press release.

During the meeting, Masud Khan said the commission had already initiated a 
clear action plan to make the capital market more effective, dynamic and 
investor-friendly.

He said the primary objective is to establish a transparent and efficient 
regulatory framework by reducing unnecessary complexities and strengthening 
market governance.

The BSEC chairman said the commission would review and amend existing 
regulations related to Initial Public Offerings (IPOs), margin loans and 
mutual funds as part of the reform process.

He also stressed the importance of full digitalisation of market operations 
and bringing the IPO process in line with international standards.

Assuring the commission of the DSE's full support, Mominul Islam emphasized 
the need for a risk-based regulatory approach and highlighted the importance 
of enhancing institutional capacity for IPO evaluation and market 
surveillance.

Several DSE directors also placed a number of recommendations for 
strengthening the capital market.

Director Syeda Zakerin Bakht Nasir called for a clear division of 
responsibilities and authority between the BSEC and DSE, alongside improved 
coordination in policy implementation and decision-making.

Director Snehasish Barua underscored the need for greater accountability and 
efficiency in IPO and rights issue processes to better safeguard investors' 
interests.

Director Richard D. Rozario suggested reassessing share categories, 
introducing modern settlement systems and making the delisting process more 
effective.

Director Minhaj Mannan Imon stressed the importance of preventing 
irregularities in the brokerage sector and strengthening the exchange's role 
in protecting investors during the IPO process.

DSE Managing Director Nuzhat Anwar informed the commission that the exchange 
is making necessary preparations to introduce script netting and a T+1 
settlement system in coordination with the BSEC and Bangladesh Bank.

The meeting concluded with the DSE leadership expressing confidence that the 
new BSEC management would play a pivotal role in building a modern, 
sustainable and investor-friendly capital market in the country.