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Sadat Sarwat and Associates

Acquiring and Protecting Geographical Indication (GI) Rights in Bangladesh

A 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,...

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Safeguarding Bangladesh’s Natural Heritage: The Wildlife, Forest and Biodiversity Conservation Ordinance and the Haor and Wetlands Protection, Conservation and Development Ordinance, 2026

The 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...

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The Bank Resolution Ordinance, 2025: A Landmark Reform for Bangladesh’s Banking Stability

The 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....

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Bangladesh Telecommunications Policy 2025: Licensing Reform, Connectivity, and Business Growth

In 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....

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The End of LIBOR and the Emergence of SOFR: A Critical Financial Transition

It 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....

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PCA Framework: Navigating New Bank Merger Guidelines 4 Key Steps

The 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....

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