STAR BUSINESS REPORT

Bangladesh needs to strengthen both the use and monitoring of technology to create a more transparent and efficient investment ecosystem in the share market, according to experts in the capital market.

They made the remarks yesterday at a seminar on technology and digital finance, organised jointly by the Dhaka Stock Exchange (DSE), the Chittagong Stock Exchange (CSE), the DSE Brokers Association of Bangladesh (DBA), and Central Depository Bangladesh Ltd (CDBL), following World Investors Week from October 6 to 12.

BSEC Commissioner Md Saifuddin said, “We must clearly understand where we stand in building a complete investment ecosystem. Identifying our technological gaps, structural weaknesses, and accountability issues is essential.”

He noted that the disclosure of information remains one of the market’s biggest challenges, causing long-standing difficulties for investors.

“There is still a lack of proper coordination among exchanges and institutions such as CDBL and CCBL. It is time we all work together,” he added.

Highlighting a new initiative, Saifuddin said the BSEC has introduced the Extended Extensible Business Reporting Model, a machine-readable financial reporting format aligned with international standards.

“This will make research, analysis, and supervision much easier, Rahman also