Practice Area

Banking & Financial Matters

Welcome to the exciting world of Banking and Financial Services Law in Bangladesh, where the meeting of business and rules has a huge impact on the country’s economy. In a legal system that is always changing, the governance of financial institutions, investment practices, and monetary exchanges is the most important way to make sure that the financial sector of this South Asian country is stable, open, and fair. Join us as we explore the complexities and subtleties of Banking and Financial Services Law in Bangladesh. We will look at the rules, problems, and new ideas that make up this important part of the country’s legal and economic system. Whether you are a lawyer, a financial expert, or just interested in how the law affects the financial world in Bangladesh, our discussion of this topic should help you understand the complexity and importance of this field.

Bangladesh Bank is the major organization in charge of regulating the country’s monetary and financial system. It is also the authority in charge of regulating banking and other financial services in Bangladesh. It was set up on December 16, 1971, by the President’s Order No. 127 of 1972, which was later changed in 2003. The person in charge of this very important organization is also the Governor.

List of Banking and Financial Services Law in Bangladesh

Bangladesh’s banking and financial sector is governed by a set of laws that have been in place for a long time and work well to ensure stability, openness, and responsibility. The country’s financial laws cover a wide range of rules for banking and financial business. Here is a full list of the most important banking and money rules in Bangladesh:

It seems like you’ve listed several acts and regulations related to banking, finance, and legal matters in Bangladesh. These laws play a crucial role in regulating the banking and financial sectors, as well as addressing issues like money laundering and terrorism. Here’s a brief overview of each of the acts and regulations you’ve mentioned:

Bangladesh Bank Order 1972: This order established the central bank of Bangladesh, known as the Bangladesh Bank. It outlines the functions and responsibilities of the central bank in regulating the country’s monetary and financial system.

Bank Company Act 1991: This act provides the legal framework for the establishment, operation, and regulation of banks and financial institutions in Bangladesh.

Bank Company (Amendment) Act 2013: This amendment act likely made changes or updates to the Bank Company Act 1991, reflecting evolving banking and financial industry needs.

Negotiable Instrument Act 1881: This act deals with the various aspects of negotiable instruments, such as promissory notes, bills of exchange, and checks. It establishes the legal framework for the use and enforcement of these financial instruments.

The Bankers’ Book Evidence Act 1891: This act pertains to the admissibility of bank records as evidence in legal proceedings. It governs the use of bankers’ books as evidence in court cases.

Foreign Exchange Regulations Act 1947: This act regulates foreign exchange transactions in Bangladesh. It controls the buying and selling of foreign currencies, as well as related matters.

Foreign Exchange Regulations (Amendment) Act 2015: This amendment act likely introduced changes or updates to the Foreign Exchange Regulations Act 1947, reflecting evolving needs in the foreign exchange sector.

Financial Institutions Act 1993: This act regulates various non-banking financial institutions in Bangladesh, including leasing companies, investment companies, and others.

Financial Reporting Act 2015: This act likely pertains to financial reporting standards and practices in Bangladesh, ensuring transparency and accountability in financial reporting.

Money Loan Court Act 2003: This act establishes special courts for the recovery of loans, often used by financial institutions to recover defaulted loans.

Money Laundering Prevention Act, 2012: This act addresses the prevention of money laundering activities and sets out measures to combat money laundering in Bangladesh.

Money Laundering Prevention (Amendment) Act, 2015: This amendment act likely introduced changes or updates to the Money Laundering Prevention Act, 2012, to strengthen anti-money laundering efforts.

Anti-terrorism Act, 2009: This act deals with matters related to counter-terrorism and contains provisions for the prevention and control of terrorism-related activities.

These acts and regulations collectively form the legal framework for banking, finance, and related activities in Bangladesh, ensuring the smooth operation of the financial sector while addressing issues like money laundering and terrorism. Please note that the specifics and details of these laws may have evolved since my last knowledge update in September 2021, so it’s advisable to consult the most recent versions for accurate and up-to-date information.


Overall in Bangladesh, Clients who are dealing with legal challenges in the realm of banking and finance can get litigation and corporate services from Jural Aquity. Our banking and finance legal services in Bangladesh have a team of skilled attorneys who prepare the various documents needed to obtain financing, review documents to be submitted to regulatory authorities, offer advice on obtaining financing, and resolve conflicts both in and out of court using effective dispute resolution techniques. Banks and other financial institutions, including but not limited to insurance firms, asset management organizations, etc., make up a sizable portion of Jural Aquity’s local and foreign customers for its banking and finance legal services in Bangladesh.

We frequently represent our clients in money suits, check proceedings under the Negotiable Instruments Act of 1881, money loan court cases under the Money Loan Court Act of 2003, bank company problems under the Bank Companies Act of 1991, mortgage disputes and redemptions, regulatory compliance, and communications. Lawyers at Jural Aquity, a law firm in Dhaka , assist customers with structuring loan transactions, project financing, trade financing, construction financing, corporate mergers and acquisitions, resolving transactional disputes, conducting due diligence on mortgaged properties, etc. Specializing on banking and financial services law, Jural Acquity is among the top legal firm in Bangladesh.

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