Strong collaboration between Regulators is needed to bridge the gap between Financial Statements of Banks in Bangladesh. The regulators in banking sector to adjust the requirements between International Financial Reporting Standards (IFRS) and Local Laws and Regulations to repair the gaps while preparing the Financial Statements of Banks in Bangladesh.

DCCI President Shams Mahmud has urged the newly appointed Chairman of Bangladesh's  Financial Reporting Council (FRC), Dr Md Hamid Ullah Bhuiyan, to raise the threshold limit for financial reporting to such an extent so that the SMEs do not default on compliance norms. Shams has also sought active cooperation from FRC to facilitate the country’s SME sector to be more competitive in the global market. On his part, Dr Md Hamid has assured to look into the issues and also promised to try to accommodate the requests "as much as poss

The Free Rohingya Coalition (FRC) has refuted the findings of Myanmar’s Independent Commission of Enquiry that there is “no” or “insufficient” evidence to establish the genocidal intent behind Myanmar’s destruction of the Rohingya community in Myanmar and the mass deportations of estimated 800,000 Rohingyas into Bangladesh in 2016 and 2017.