Bangladesh, Sept. 3 -- The Bank Resolution (Amendment) Bill, 2026 was placed before parliament on Thursday, seeking to tighten the legal framework for resolving troubled banks and prevent former owners and directors responsible for banking distress from regaining control.

Advertisement Finance Minister Ameer Khosru Mahmud Chowdhury placed the bill in the Jatiya Sangsad. At his request, the bill was subsequently sent to the parliamentary standing committee on the Ministry of Finance for further scrutiny.

A key provision of the proposed amendment is the scrapping of Section 18A of the Bank Resolution Act, 2026, effectively closing legal avenues for ousted controlling shareholders, former directors and distressed business groups to reclai...