The Bangladesh Securities and Exchange Commission (BSEC) has sought stakeholders’ opinions and recommendations to review the Mutual Fund Rules, 2025, aiming to strengthen the country’s mutual fund sector and make the regulatory framework more effective and market-oriented.
The securities regulator held a consultation meeting with stakeholders on Wednesday at its Agargaon office to review the rules and identify areas requiring amendments and improvements.
BSEC Chairman Masud Khan presided over the meeting, which was attended by the commission’s commissioners, officials from relevant departments, representatives of the Department of Financial Institutions, the Bangladesh Securities and Exchange Commission (BSEC), the CDBL and other concerned organisations, as well as representatives of mutual fund trustees, asset management companies, custodians and other capital market institutions.
At the beginning of the meeting, BSEC Executive Director Md Mahmudul Haque presented a paper titled “Review on the Bangladesh Securities and Exchange Commission (Mutual Fund) Rules, 2025.” The presentation highlighted various aspects of the existing rules and possible areas for amendments.
During the subsequent discussion, participants shared their views, suggestions and recommendations on different provisions of the rules.
The discussions focused on making the mutual fund regulatory framework more effective, practical and conducive to institutional investment.
In his remarks, BSEC Chairman Masud Khan thanked the participants for their constructive opinions and suggestions, stressing that their feedback was important to the commission.
He said the commission would review the rules and consider necessary amendments in line with international best practices and stakeholders’ recommendations.
He also assured participants that no arbitrary or unilateral decisions would be taken in the process.
The chairman emphasised the importance of increasing institutional investors’ participation in the country’s capital market to make it more dynamic, sustainable and investment-friendly.
He said greater participation by institutional investors was essential for developing a balanced capital market, adding that greater reliance on retail investors alone would not be sufficient to ensure sustainable market growth.
Masud also highlighted the role mutual funds could play in expanding the capital market and contributing to the country’s economic development.
Emphasising financial literacy and investment education, he said improving investors’ financial knowledge, awareness and ability to make informed investment decisions was crucial for the sustainable development of the capital market.
He called on BSEC, capital market-related institutions and other stakeholders to work together to strengthen financial literacy and promote informed investment practices.