Professional Bodies Urged to Ensure Financial Integrity in Bangladesh

Tanvir Shahriar Ghani, the prime minister’s special assistant for investment and capital market affairs, spoke about the role of professional bodies in maintaining financial integrity in Bangladesh. He stated that financial reporting, auditing, and corporate governance must ensure transparency to build foreign investor confidence in Bangladesh. Ghani noted that global capital is highly mobile and flows toward places that are transparent and straightforward.

Ghani highlighted that when foreign investors review financial reports, they expect absolute integrity; failures can lead to investor losses and reputational damage for both the nation and regulators. He contrasted this with Vietnam, which has attracted hundreds of billions of dollars in foreign direct investment by ensuring compliance with international accounting standards.