HomeBangladesh: Amid lockdown, transactions in capital market will continue digitally

Bangladesh: Amid lockdown, transactions in capital market will continue digitally

No investor can physically attend any institution. The Bangladesh Securities and Exchange Commission (BSEC), the regulator of the capital market has directed that stock market transactions be allowed to continue after the government imposes restrictions.

Preferred Source of Google

Dhaka — Amid strict lockdown from July 5 from 10 am to 1 pm, trading in the capital market will be open only in digital mode. The imposed strict restrictions on Thursday (July 1) from 6 am to midnight on July 7 to curb the rise in coronavirus. As a result, all institutions and transactions related to the capital market will be closed on July 1 and 4.

No investor can physically attend any institution. The Bangladesh Securities and Exchange Commission (), the regulator of the capital market has directed that transactions be allowed to continue after the government imposes restrictions.

Besides, BSEC has arranged special passes for the movement of employees of capital market-related organizations under strict restrictions.

Advertisement
Infosec Reimagined
Infosec Reimagined
Infosec Reimagined is the premier information security summit where top leaders—CISOs, CROs, CIOs, CTOs and risk executives—converge to redefine cyber resilience.
Register Now →
Digital Senate
Digital Senate
Digital Senate is a premier conference uniting government leaders, technologists and innovators to share ideas, success stories and strategies on digital governance, public sector transformation, cybersecurity and emerging technologies in India.
Register Now →
National DefTech Summit
National DefTech Summit
An annual gathering of defence technology professionals from government, public sector, enterprises and startups.
Register Now →

The passage signed by BSEC Chairman Prof. Shibli Rubaiyat-ul-Islam states that for the information of all concerned, the Securities and Exchange Commission and all capital market related institutions will remain operational as financial institutions during the imposition of restrictions on movement by the Cabinet Division. Which will be effective from 5 July.

NEWSLETTERThe Daily BriefingThe day's top enterprise technology stories, curated by our editors. Monday to Friday.

Free. One-click unsubscribe anytime. We never share your email.

Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
Advertisement
- Advertisement -
- Advertisement -

India loses 4-7% of welfare budget to poor data quality: Report

A Tony Blair Institute report warns that poor-quality government data causes fiscal leakage of four to seven per cent in India's welfare spending and will undermine AI ambitions unless states address fragmented data systems first.

RELATED ARTICLES