Dhaka, Dec. 3 -- The securities regulator has granted additional time to 11 more market intermediaries to ensure compliance with provisioning requirements for unrealised losses and to adjust negative equity.

The extension will take effect after December 31 this year, when the current deadline expires. Some institutions have been given one more year, some two years, while others have received extensions up to 2032.

The securities regulator granted the extra time based on action plans submitted by the intermediaries - stockbrokers, dealers, and merchant banks - and endorsed by their respective boards.

The firms are Fintra Securities, Sheltech Brokerage, Joytun Securities International, BDBL Investment Services, BNB Securities, Hazrat Ama...