The Bangladesh Travel Agency Ordinance 2026 introduces sweeping changes to Bangladesh’s travel industry, including mandatory bank guarantees of up to BDT 1 crore, criminal penalties for ticket price manipulation, and strict new registration requirements for both offline and online agencies....
Continue readingA geographical indication (GI), which is a type of intellectual property right, is a sign used on goods that have a specific quality, reputation, or other characteristic attributable to its geographic origin. Goods designated with a geographical indication must be produced, processed, or prepared in the defined geographical area using recognized techniques. This type of property right has been developed to boost a country’s local and root level entrepreneurs by giving them both vertical (i.e. ensuring trans-boundary protection) and horizontal (i.e. ensuring that the bona fide producers are being benefited) protection. Geographical indications are typically used for agricultural products, foodstuffs,...
Continue readingThe preservation of the environment has emerged as a critical issue in Bangladesh's constitutional and legal framework, driven by rapid biodiversity loss, deforestation, wetland destruction, and escalating climate change risks. In line with the constitutional mandate under Article 18A, which obliges the State to protect and improve the environment and to preserve and safeguard natural resources, biodiversity, wetlands, forests, and wildlife for present and future generations, the Government has enacted two landmark ordinances in 2026. These are the Wildlife, Forest and Biodiversity Conservation Ordinance (closely aligned with the Wildlife (Conservation and Protection) Ordinance, 2026, and related forest measures) and the...
Continue readingThe Bank Resolution Ordinance, 2025 represents a pivotal advancement in Bangladesh's financial regulatory landscape. Stability in the banking system remains one of the essential prerequisites for sustained economic expansion and a supportive macroeconomic environment in any country. In Bangladesh, the banking sector has long grappled with persistent challenges, including inadequate corporate governance practices, a massive volume of non-performing loans, insider lending, and capital shortfalls in certain institutions. These issues have collectively posed serious threats to overall financial stability....
Continue readingIn a bold move to contemporize the country's digital geography, the Government of Bangladesh has rolled out the Telecommunications Network and Licensing Policy 2025 (also known as the Bangladesh Telecommunications Policy 2025). Approved on September 18, 2025, this new frame replaces the outdated International Long Distance Telecommunication Service (ILDTS) Policy from 2010. It's designed to simplify how telecom networks operate, cut down on red tape recording, and boost invention, eventually making internet and phone services briskly, cheaper, and more dependable for everyone. At Sadat Sarwat and Associates, we're nearly following these developments to help our guests navigate the changes easily....
Continue readingIt has nearly a 50-year long history. Each day, 18 international banks submit their ideas of the rates they think they would pay if they had to borrow money from another bank on the interbank lending market in London. It was the average interest rate on transactions that a selection of banks carried out with one another on a daily basis, for each currency and maturity term, and it was regulated by the Financial Conduct Authority (FCA). It was kind of like a benchmark for interest rates. LIBOR reached its final retirement on June 30, 2023....
Continue readingThe current bank merger is one of the protective measures as well as a discretionary measure for the non-performing banks under the purview of the prompt corrective action framework or PCA framework introduced by the Bangladesh Bank via BRPD Circular No - 17 dated 05.12.2023. Accordingly, on 04.04.2024, the Bangladesh Bank issued the first ever bank merger policy i.e. Guidelines for Merger/Amalgamation of Banks/Financial Institutions (the “Guideline”), outlining both voluntary or agreed mergers and forced mergers....
Continue readingA trademarks in Bangladesh identifies the product of its origin and guarantees its unchanged quality. A trademark advertises the product and distinguishes it from others and is governed by The Trademarks Act, 2009. According to section 2(8) of the Act, a trademark can be any symbol, word, number, phrase, design, or any combination thereof which is used to identify the source of goods or services. There are mainly three kinds of trademarks namely, registered trademarks, mark, and certified trademarks. A registered trademark, or mark, refers to the exclusive right granted to an individual to use that mark in commercial transactions...
Continue readingOnline gambling refers to the act of participating in games of chance or betting activities over the internet. These activities include casino games, sports betting, poker, and various other forms of wagering. In our country, online gambling has escalated significantly, facilitated by the widespread availability of smartphones, leading to addiction fueled by the desire for easy money. Particularly, sports betting has surged in popularity, with many youths initially engaging out of curiosity but later succumbing to addiction. Despite getting profits initially, individuals often end up losing substantial sums of money later on. Furthermore, the current legal framework fails to address...
Continue readingIn Bangladesh, the rate of divorce has become very high as a result of which the custody of the child/children have become a vital factor for the parents of the child/children who are getting divorced. Custody of the child is influenced by religious beliefs, cultural norms, and evolving legal frameworks. Navigating this landscape involves understanding the interaction between Islamic law, national legislation and societal expectations. The laws governing child custody in Bangladesh are crucial legal matters which parents must consider and it is also essential for parents to understand what a child will suffer if the parents will lack to...
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