Chartered Financial Accountants Society Bangladesh, a member society of CFA Institute, organised a policy recommendation event at the Economic Reporters’ Forum Auditorium in the city on Sunday.

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials.

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.

Asif Khan, CFA, President of the Society presented the recommendations for the Economy and Banking Sector.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.

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 time; CFA Society Bangladesh is organizing an event to communicate its thoughts. In the past Society has done a lot of advocacy work. However, those involved send our views directly to the relevant authorities.

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 initial public offer (IPO) pricing method change to increase its quality, 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.

CFA Society Bangladesh is a professional organization committed to advancing ethics, market integrity, and excellence in the investment management profession.

The society currently has 131 regular members and 87 associate members. Members of the Society are working in senior roles in banking, asset management, stock brokerage, investment banking, insurance, and other industries.