Capital market went through major reforms in 2025: BSEC chairman

The Bangladesh Securities and Exchange Commission (BSEC) has carried out major legal reforms in the stock market, said its chairman, Khondoker Rashed Maqsood.

The capital market went through significant reforms in 2025 with the completion of the Margin Rules, the Mutual Fund Rules, and the Public Offer of Equity Securities Rules, he said.

“The heart of the capital market is the initial public offering (IPO), and the pathway for new IPOs to enter the market has been made easier through the public offer-related rules,” he said.

“Now is the time to make proper use of this opportunity, and market stakeholders must work towards this,” the BSEC chairman added.

He made the comments at a stakeholders’ meeting organised by the commission today at its office in the capital.

Maqsood highlighted the commission’s initiatives and activities aimed at reforming and developing the capital market.

At the event, he thanked market participants and all stakeholders concerned for their contributions to the reform and development of the capital market.

“We must work to resolve the identified obstacles or problems and move forward,” said Anisuzzaman Chowdhury, special assistant to the chief adviser and chief guest of the event.

He emphasised the need for unanimous decisions based on cooperation and collective opinions, and ensuring their implementation.

He also directed that the existing identified obstacles be resolved swiftly and called upon market stakeholders to work towards capital market development by setting clear targets under a long-term plan.

Experts at the meeting emphasised adopting a five-year plan for capital market development, introducing new products, listing state-owned enterprises and multinational companies in the capital market, developing the mutual fund sector, and ensuring institutional governance.

Mominul Islam, chairman of the DSE; Saiful Islam, president of the DSE Brokers’ Association of Bangladesh; Nuzhat Anwar, managing director of the DSE; and Niranjan Chandra Debnath, managing director of the ICB, were also present at the meeting.

Meanwhile, the DSEX, the benchmark index of the DSE, jumped 76 points, or 1.53 percent, to 5,035 points today. With that, the index crossed 5,000 points after one and a half months.