BO account regularisation allowed until Dec 31
Friday, 17 October 2008
The Securities and Exchange Commission (SEC) has extended the deadline for regularising the BO accounts to December 31 this year. BO account holders will have to submit either bank certificate or photocopy of National Identification Card (signed by investor himself) by the deadline to regularise their accounts. The SEC issued the order in this regard Thursday. It was third such extension so far. The order will also be applicable for opening new BO accounts. — UNB