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Date: 4th December 2025
The Director
Foreign Exchange Investment Department
Bangladesh Bank
Head Office, Motijeel C/A, Dhaka-1000.
Through: United Commercial Bank Limited, Corporate Branch, Bulus Centre, Plot - CWS- (A)-1, Road No - 34, Gulshan Ave, Dhaka 1212.
Subject: Apology letter for late submission of attached document for “Notification on the opening of Establishment Liaison Office under Section – 18B of Foreign Exchange Regulation (Amendment) Act, 2015”.
Dear Sir,
I would like to inform you that we TOMS CO., LTD. have obtained 5th time BIDA permission on 30th July 2025 for 2 years from Bangladesh Investment Development Authority (BIDA Ref No: OPE-26Jul2025-00001) in order to set up a Liaison Office to undertake the work as mentioned in the BIDA permission document.
Due to lack of information of the Foreign Exchange Regulation (Amendment) Act, 2015, and a lack of competent personnel, we inadvertently missed reporting the extension of the Liaison Office to Bangladesh Bank through the Authorized Dealer (AD) Bank, as required under Section 18B of the Foreign Exchange Regulation (Amendment) Act, 2015.”
I acknowledge that this is a violation rule and I apologize for the mistake.
Here we have attached the Bangladesh Bank intimation letter under section 18B submission copy.
It is a request to accept our apology as well as accept this letter as intimation in your record according to the Foreign Exchange Regulation (Amendment) Act, 2015.
Sincerely Yours,
__________________
Tariqul Islam
Country Manager
TOMS CO., LTD.
(Bangladesh Liaison Office)