আর্থিক প্রতিষ্ঠানে এক পরিবার থেকে দুজনের বেশি পরিচালক নয়
A revolution in the finance industry is brewing, as Bangladesh's Council of Ministers gives its final nod to the 'Finance Company Act 2023', imposing new constraints on family-controlled business dynasties. The law restricts any family from holding more than 15% of shares and limits directorship to a maximum of two members from a single family. Loopholes in previously existing legal frameworks had fostered challenges within the banking sector; this firm move is set to break the back of wilful defaulters. With rigorous penal provisions in place, this law orders recalcitrant borrowers into a straight line, and flags the dawn of a new era of accountable finance governance.
