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Website: www.bb.org.bdBanking Regulation and Policy Department Bangladesh Bank Head Office Dhaka 20 30 Baishakh 1431 Date : 05 13 May 2024BRPD Circular No. 12Managing Directors/Chief Executive Officers
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What is banking regulation & policy?
Banking regulation & policy refers to the framework of laws, guidelines, and practices that govern the operation of banks and financial institutions. It aims to maintain financial stability, protect consumers, and ensure the soundness of financial systems.
Who is required to file banking regulation & policy?
Banks, credit unions, and other financial institutions are typically required to file banking regulation & policy documents, as well as any entities that are under regulatory oversight by financial authorities.
How to fill out banking regulation & policy?
Filling out banking regulation & policy documents typically requires institutions to provide specific information about their operations, compliance status, financial health, and other regulatory requirements. It's essential to follow the instructions provided by the relevant regulatory authority.
What is the purpose of banking regulation & policy?
The primary purpose of banking regulation & policy is to ensure the stability and integrity of the financial system, protect consumer interests, prevent fraud and abuse, and mitigate risks associated with banking operations.
What information must be reported on banking regulation & policy?
Information reported may include capital adequacy, risk management practices, compliance with financial regulations, audit results, and other data reflecting the institution's financial health and operational practices.
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