BSEC Plans Market Modernization Through Digitalization and Regulatory Reform
Bangladesh Securities and Exchange Commission (BSEC) has begun working on a clear reform agenda aimed at making the country's capital market more efficient, dynamic, and investor-friendly. Newly appointed Chairman Masud Khan emphasized reducing unnecessary complexity and building a simpler, more transparent, and effective regulatory framework.
He made the remarks on Sunday, June 7, during a courtesy meeting at the BSEC office with the Board of Directors of Dhaka Stock Exchange. The DSE delegation, led by Chairman Mominul Islam, visited the commission to congratulate the newly appointed chairman and commissioners.
Key reform priorities
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Review and amend recent regulations
The chairman said recently introduced rules on IPOs, margin loans, and mutual funds will be reviewed and amended where necessary.
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Accelerate digital transformation
BSEC plans to ensure full digitalization of capital market operations and make the IPO process faster, more transparent, and aligned with international standards.
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Build a transparent, technology-driven market
Masud Khan said the commission would work with all market participants to establish a transparent, accountable, technology-driven, and sustainable capital market, with particular focus on modernizing regulatory processes and rebuilding investor confidence through greater use of technology.
DSE recommendations and priorities
DSE Chairman Mominul Islam said the exchange's board and management are ready to provide full cooperation in implementing meaningful and structural reforms in the capital market. He stressed the importance of stronger IPO evaluation, improved market surveillance capacity, and risk-based regulatory approaches.
DSE Director Syeda Jakerin Bakht Nasir said effective capital market development requires a clear division of responsibilities and authority between BSEC and DSE, along with strong coordination. Director Snehashish Barua called for greater accountability, efficiency, and faster decision-making in IPO and rights issue processes.
Another director, Richard D. Rozario, highlighted the need to reassess the share categorization system, introduce modern settlement mechanisms, and make the delisting process more effective. Director Minhaj Mannan Emon emphasized strengthening the role of stock exchanges in preventing irregularities in the brokerage sector and protecting investors' interests.
Market infrastructure upgrades
DSE Managing Director Nuzhat Anwar said preparations are underway to introduce script netting and T+1 settlement systems in order to build market infrastructure aligned with international standards. The exchange is working in coordination with BSEC and Bangladesh Bank on the initiative.
Why analysts are watching these reforms
Market analysts believe that successful implementation of digitalization, risk-based supervision, faster IPO approvals, and modern settlement systems could significantly strengthen investor confidence and improve the competitiveness of Bangladesh's capital market.
//DBTech/SI/MI/OR//
