Dhaka, Sept. 29 -- A specific time-frame of approving IPO proposals will be mentioned in a uniform law.

"Presently, a move is underway to bring the activities of the securities regulator and operations of the capital market under a single act and the specific time-frame will be mentioned in the new law to be enacted accommodating the Securities and Exchange Ordinance, 1969 and the Bangladesh Securities and Exchange Commission Act, 1993," Dr. Shaikh Shamsuddin Ahmed, a commissioner of the securities regulator told the FE.

Besides, the securities regulator is likely to introduce digital submission of IPO proposals so that the issuers can check the updates of their proposals online, according to Mr. Ahmed.

"Issuers will be provided with a...