Bangladesh Securities and Exchange Commission has been accused of spending several crore taka on corporate social responsibility activities without a legal framework or policy. Records obtained under the Right to Information Act show that from fiscal years 2021-22 to 2024-25, the regulator allocated funds to individuals and institutions for medical assistance, education, religious facilities, cemeteries, sports, picnics, insurance premiums and other purposes. Spending in those four fiscal years was Tk26.40 lakh, Tk7.1128 crore, Tk2.0242 crore and Tk87.75 lakh respectively.

BSEC spokesperson Abul Kalam said every expenditure was approved at commission meetings and that work on a CSR policy is under way. Former chairman Faruk Ahmed Siddiqui and former commissioner Helal Uddin Nizami said a non-profit government institution has no scope to conduct CSR spending. An official from the Revenue Audit Directorate said such spending would be unlawful without provisions in an institution's own law or a policy. Former commissioner Abdul Halim acknowledged that several institutions in his home area received allocations but denied influencing the approvals.