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Author: SSA

Sadat Sarwat and Associates > Articles posted by SSA (Page 2)

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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Position: Associate Advocate (IP Law & RJSC Expert)

Manage and oversee ongoing Trade Mark Applications and file new applications with precision. Maintain strong relationships and ensure seamless access to the Office of the Patent, Design, and Trade Marks as well as the Registrar of Joint Stock Companies (RJSC). Deliver results in a timely and professional manner, ensuring client satisfaction. Provide expert advice and guidance on Intellectual Property and corporate compliance matters....

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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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A Complete Guide to Trademarks in Bangladesh: Registration, Protection & Enforcement

A 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...

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