Bangladesh, Chile, Ghana, Taiwan, Turkey, Indonesia, India, Iraq regulators issue rules

Bangladesh Bank clarifies that the requirement for prior Bangladesh Bank approval for medium/long-term external borrowing by industrial enterprises in specialized zones does not apply to enterprises registered with the Invest Bangladesh Authority. Loan proposals from formerly Economic Zone companies must instead be submitted to the Scrutiny Committee on Foreign Loan/Supplier's Credit of the Invest Bangladesh Authority.

Bangladesh Bank's Foreign Exchange Policy Department-1 clarifies that Authorized Dealers may consider Export Development Fund (EDF) finance for bulk imports to eligible producers provided that local delivery bills against back-to-back LCs do not remain outstanding beyond 270 days. The circular aligns the overdue-status determination with the maximum 270-day usance period permitted for back-to-back import LCs, and leaves all other EDF loan instructions unchanged.

The Financial Market Commission modifies General Character Rule No. 540, its Information System Manual (MSI REDEC) and creates the REDEC Technical Annex, which contains the Operational Functioning Rules of the Consolidated Debt Registry. The changes introduce guidelines on debtor consent management, including notification to the debtor upon granting consent, encrypted coding of the consent file, the right to revoke authorizations to third parties, and adjustments to the regulatory files RDC01, RDC02, RDC10, RDC11, RDC12, RDC30, and RDC31. The rule establishes gradual implementation deadlines for the new requirements.

The Securities and Exchange Commission of Ghana issues comprehensive guidelines governing the licensing, functions, and operations of registrars of securities in Ghana, covering register creation and maintenance, dividend payment and unclaimed dividend handling, agreements and transfer of registers between registrars, service fees, complaints handling, and reporting obligations. The Guidelines apply to licensed registrars, issuers whose securities are admitted to trading on a regulated market, and any other person required to maintain a register of interests in securities. They matter because they set binding operational, record-keeping, and reporting standards for registrars, with administrative penalties for non-compliance.

The International Financial Services Centres Authority amends its Master Circular for Distributors in the IFSC by specifying UAE, Singapore, Australia and the European Union as permitted jurisdictions for the distribution of capital market products and/or services under regulation 32 of the CMI Regulations, 2025. It also clarifies that "jurisdiction" refers to the jurisdiction of domicile of the products and/or services, not that of the managing entity. The amendment takes effect immediately.

This Financial Services Authority Regulation establishes the phasing of the transition of regulatory and supervisory duties and authorities over transactions on the Mineral and Strategic Commodity Exchange from the Commodity Futures Trading Supervisory Agency (Bappebti) to the Financial Services Authority (OJK). OJK will commence these regulatory and supervisory duties on January 1, 2027, with the authority to coordinate with Bappebti and related parties in preparing for the transition. This regulation ensures legal certainty and the continuity of transaction operations during the transition period.

This Financial Services Authority Regulation establishes a regulatory framework for the operation of the Mineral and Strategic Commodity Exchange (MSCE), an organized and integrated market system for trading Strategic Minerals and Strategic Commodities including their derivatives. This regulation governs licensing and capital requirements for the Exchange, Clearing Institution (CI), and Electronic Custodian Institution (ECI), governance obligations, risk management, transaction supervision, Customer protection, as well as administrative sanctions. This regulation applies to MSCE operators, Exchange Members, Trading Intermediaries, Warehouse Managers, Conformity Assessment Institutions, and other related parties, and takes effect on January 1, 2027.

The Central Bank of Iraq, through its Bank Supervision Department, transmits to all licensed banks and licensed non-bank financial institutions a guidance document on the obligation of specified financial institutions and non-financial businesses and professions, and implementing entities, to apply targeted financial sanctions without delay. The guidance was adopted as a reference pursuant to a decision of the Anti-Money Laundering and Counter-Terrorism Financing Council dated 3 September 2026.

The Central Bank of Iraq, acting on Board of Directors Decision No. 130 of 2026, places Al-Tayf Islamic Bank for Investment and Finance under guardianship due to serious violations affecting the bank's financial position and depositors' funds, and appoints Emad Mohammed Hamad as guardian for 18 months. The measure is addressed to all ministries, governorates, licensed banks and licensed non-bank financial institutions.

The Financial Supervisory Commission issued a ruling allowing overseas overseas Chinese and foreigners to borrow securities from securities firms and securities finance enterprises, exempt from the restrictions of Article 21, Paragraph 2 and Paragraph 3 of the Regulations Governing Securities Investment by Overseas Chinese and Foreigners. The application for foreign exchange settlement of proceeds from short selling via borrowed securities is deemed as the repatriation of investment principal, and a limit on the amount of New Taiwan Dollars repatriated is established. This ruling shall take effect from the date of issuance, and two related rulings from 2006 and 2007 are repealed simultaneously.

The Financial Supervisory Commission issued a ruling explaining that when securities brokers accept orders to invest in offshore funds pursuant to a contract for accepting orders to trade foreign securities, they may accept client instructions to apply via a fixed-amount regular-periodical investment method. This method is defined as agreeing in the power of attorney on a specific amount, a fixed product, a fixed cycle, and a valid period for the order. This ruling takes effect on the date of issuance, and simultaneously repeals the ruling Jin-Guan-Zheng-Er-Zi No. 09600000091 of March 12, 2007.

This bulletin contains the weekly decisions of the Capital Markets Board dated September 16, 2026. The bulletin includes approved equity and debt instrument issuances, criminal complaints issued due to market fraud and insider trading, trading bans and license cancellations, decisions to block access to unauthorized websites, and the results of various mergers, tender offers, fund formations, and capital increase applications.

The Capital Markets Board of Turkey announces the liquidation procedures and principles for investment funds whose liquidation was decided by Board decision 57/1707 dated 17.09.2026, appointing T. İş Bankası AŞ and TC Ziraat Bankası AŞ as portfolio custodians for the funds of specified portfolio management companies. It also updates the list of funds to be liquidated, halts purchase and redemption orders through TEFAS and non-TEFAS distribution channels as of 17.09.2026, and sets reconciliation, asset-sale, and cash-distribution rules for the liquidation process.

The Capital Markets Board of Turkey announced decisions taken by its Decision-Making Body on 17/09/2026. It temporarily allows intermediary institutions to apply a minimum equity maintenance ratio of 20% (instead of 35%) for margin trading until the end of the session on 02.10.2026, and it closes all investment funds founded by seven portfolio management companies to trading on TEFAS and orders the liquidation of the listed funds.

The Capital Markets Board of Turkey (SPK) announces that, by its decision dated 20/09/2026 and numbered 59/1710, the 3-month period set out in article (A/8) of the fund liquidation procedures and principles announced in Bulletin No. 2026/61 has been extended to 6 months, taking into account the portfolio structures of the funds subject to liquidation and market developments. The bulletin also notes that special situation disclosures of companies whose capital markets instruments are not traded on an exchange can be accessed via the SPK website.