BSEC wants access to company registration to verify firms

Business Desk
The Bangladesh Securities and Exchange Commission (BSEC) sought access to the database of the Registrar of Joint Stock Companies and Firms (RJSC) so that it can easily verify information of companies which want to raise funds from the capital market.
The securities regulator recently sent a letter to the RJSC to this end, in which it also expressed interest to provide technical support if necessary.
The commission officials said they often struggle to verify the authenticity of information submitted by companies aspiring for enlistment due to the lengthy process of cross-checking work in correspondence with the RJSC, among others.