Industries
Banking & Financial Services
Regulatory, transactional, and recovery support for banks, non-bank financial institutions, and fintech ventures.
In short
Tuhin & Partners advises banks, non-bank financial institutions, insurers and fintech businesses operating in Bangladesh on licensing and regulatory compliance under Bangladesh Bank supervision, lending and security documentation, anti-money laundering obligations, recovery through the Artha Rin Adalat, and the regulatory treatment of payment and digital financial services.
Key takeaways
- Banks and non-bank financial institutions are licensed and supervised by the Bangladesh Bank.
- Payment and mobile financial services operate under Bangladesh Bank authorisation and its associated regulations.
- Anti-money laundering and customer due diligence obligations apply to regulated institutions and are actively supervised.
- Tuhin & Partners advises on documentation, regulatory compliance and recovery proceedings.
Banks, non-bank financial institutions, and fintech ventures in Bangladesh operate under the close supervision of Bangladesh Bank and a dense framework of foreign exchange, anti-money-laundering, and prudential regulation.
We advise financial institutions on regulatory compliance, product structuring, security documentation, and enforcement and recovery proceedings, and support fintech and payment businesses on licensing, agent arrangements, and bank partnerships. For foreign lenders and investors we handle the Bangladesh side of cross-border financing, including security creation, exchange-control approvals, and repatriation.
Common questions
Who regulates fintech in Bangladesh?
The Bangladesh Bank regulates payment systems, mobile financial services and payment service providers, and licensing depends on the specific activity a business proposes. Where a business also handles securities or insurance, BSEC or the insurance regulator may be involved as well.
What AML obligations apply to financial institutions in Bangladesh?
Regulated institutions must carry out customer due diligence, identify beneficial owners, monitor and report suspicious transactions to the Bangladesh Financial Intelligence Unit, and maintain records and internal compliance functions. These are supervised obligations with real consequences for failure.
Can a foreign bank open a branch in Bangladesh?
Foreign banks operate in Bangladesh under Bangladesh Bank licensing, and the approval process is substantially more involved than ordinary company registration. The structure — branch, subsidiary or representative office — determines both what the entity may do and what capital it must hold.
- Banking & Financial Services
- Capital Market & Corporate Finance
- Commercial & Operational Contracts
- Corporate & Commercial
- Dispute Resolution & Arbitration
- Employment & Industrial Relations
- Foreign Direct Investment (FDI)
- Immigration Services
- Intellectual Property (IP)
- Property & Conveyancing
- Taxation & Compliance
- Training & Development
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Advising in Banking & Financial Services
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