Over the past one and a half years, the Bangladesh Securities and Exchange Commission (BSEC) has imposed fines totaling around Tk 1,500 crore on various individuals and institutions for irregularities and manipulation in the capital market. However, only Tk 5 crore has been collected so far. BSEC Chairman Khondkar Rashed Maksud stated that despite the low recovery, the full amount will eventually be deposited into the government treasury. He made the remarks on Sunday at a seminar titled “Challenges and Future Path of the Capital Market under the New Government,” held at a hotel in Dhaka.

The event was organized by the Capital Market Journalists Forum (CMJF) and attended by Prime Minister’s Economic Adviser Dr. Rashed Al Mahmud Titumir as chief guest, along with NBR Chairman Abdur Rahman Khan and other market leaders. Maksud highlighted that numerous laws and regulations have been enacted in a short period, countering claims of stagnation within the commission.

He also announced that a new law is being prepared to identify Public Interest Entities based on sales, market share, assets, workforce, and debt, aiming to bring more quality companies into the stock market despite potential resistance from vested interests.