BSEC gives brokers, merchant banks until 2030 to clear negative equity
, Nov. 10 -- The Bangladesh Securities and Exchange Commission (BSEC) Tuesday extended the deadline until 2030 for listed stock brokers and merchant banks to adjust their negative equity and unrealised losses, with a mandatory 25 percent annual provision from 2027.
The decision was taken at the commission's 1038th meeting, held at its Agargaon office in the capital with Chairman Masud Khan in the chair.
Under the decision, firms with negative equity as of September 30, 2026 must set aside at least 25 percent of that amount every year from 2027, so that the entire amount is cleared by 2030. Institutions that have already been given extensions will keep their existing deadlines.
Any new negative equity created within 2026 must be provide...
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