CFA Society Bangladesh – a global association of investment professionals that sets the standard for professional excellence and credentials – has organised a policy recommendation event on Sunday at the city’s Economic Reporters’ Forum Auditorium.
The event aimed to present policy recommendations to the government, focusing on three key areas – the economy, capital markets, and the banking sector. The event was attended by numerous journalists from both digital and print media.
President of CFA Society Asif Khan presented the recommendations for the Economy and Banking Sector while Kazi Monirul Islam, CFA, CMT, secretary of the society presented the recommendations for the capital markets. There was a question-and-answer session after the presentation, reads a press release issued Sunday.
The policy recommendations were prepared by the three different teams with each team having expertise in the relevant subject area. CFA Society Bangladesh will share the recommendations with the relevant authorities of the interim government.
This is the first event organised by CFA Society Bangladesh to communicate its thoughts. Previously, the society has done a lot of advocacy work. However, those involved send their views directly to the relevant authorities.
Key discussion including the macroeconomic policies focused on the suggestions for monetary policy, fiscal policy, and other areas beyond these two categories. The banking policies focused on central bank independence, banking sector governance, non-performing loan management, enhancing capital base, etc.
Finally, the capital market-related policies focused on IPO pricing method change to increase quality IPOs, strengthening the mutual fund industry, market-driven price discovery, corporate disclosure quality, expert communication on the market, building a bond market, review of margin loan practices and finally building trust.
About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organisation is a champion for ethical behavior in global markets and a respected source of knowledge in the global financial community.
The end goal is to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has more than 170,000 CFA charter holders, and about 160 member societies.
About the CFA Society Bangladesh
CFA Society Bangladesh, a member society of CFA Institute, plays an important role in promoting the CFA designation in the country, providing continuing education and networking opportunities to its members and contributing to the development of the financial service industry and the investment management profession in the country.
The society aims to achieve, foster and maintain high standards of professional ability for its members in the areas of investment analysis, portfolio management, and related disciplines in Bangladesh. CFA Society Bangladesh has more than 131 CFA Charter holders working in reputed organisations, and about 87 Associate Members.
