The Bangladesh Securities and Exchange Commission (BSEC) has introduced several regulatory measures aimed at improving the country's capital market. These include reducing the maintenance fee for Beneficiary Owners (BO) accounts, mandating that 25% of interest income from Consolidated Customer Accounts (CCA) be deposited into the Stock Exchange Investors Protection Fund, and approving the launch of a commodity derivatives market at the Chittagong Stock Exchange (CSE). Additionally, BSEC has authorized the initiation of legal procedures concerning the final recommendations on Mutual Fund Regulations and Public Issue Rules. In response to companies withholding dividends, the BSEC has announced it will take action against listed firms that declare dividends but fail to distribute them to investors. Meanwhile, in Russia, at least two dozen publicly traded companies have advised against paying dividends from their 2024 earnings due to challenges including high interest rates, reduced revenues, and sanctions pressure. Separately, in Japan, unauthorized access and fraudulent trading through securities accounts have expanded to 17 firms, with the Japan Securities Dealers Association president confirming that all affected companies understand the need to provide compensation to victims.
The Bangladesh Securities and Exchange Commission (BSEC) has announced it will take action against listed companies that have declared dividends but failed to distribute them among investors. #business #news #DailySun https://t.co/uFMyglLKIJ
BSEC to take action against companies withholding dividends https://t.co/sALMOsDQcA
証券口座乗っ取り 被害確認17社に拡大 日本証券業協会 https://t.co/SwquboXCtM #nhk_news