"Financial Scams in Bangladesh; A Case Study on the Dismal of Bismillah and Hallmark Groups"

H. M. Shahriar Khan

Abstract

The implications of the efficient bank supervisory and strong regulatory implementation strategies in
Bangladesh Bank will be needed in order to overcome the continued crisis in the banking system. This
should be a wakeup call to everyone in the banking industry in the country to further develop and
strengthen the strict monitoring of the banking mechanism strategies. In my report I will show the effect
of dismal of Bismillah and Hallmark Group Scams in Bangladesh economy.

1. Introduction

This paper explores the phenomenon of fraud in the context of financial market activities. Increasingly, it
appears, financial fraud has moved from the fringes of financial market activity to become a widespread
type of behavior throughout the industry. The aftermath of the financial crisis of 20072008 revealed a
great number of scandals in which financial market participants infected the markets with fraudulent
information to gain personal advantage. Despite the clear observability of this trend in the news media and
the significant empirical implications accompanying it, mainstream academic research on financial
markets has so far largely failed to account properly for this trend.

2. Literature Review

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doing your research. State here that the existing literature lacks this, and that your thesis would fill that
gap in the literature. This section should be between 200-500 words and no more than one page. >>

3. Research Questions

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your research addresses in a point-wise manner. This section should be between 100-300 words and no
more than half a page. >>

4. Research Objectives

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deliverables. Different types of objectives lead to different types of research methodology and design. This
section should be between 100 300 words and no more than half a page. >>

5. Research Methodology

An article entitled Regulators of the Financial System has reported that Bangladesh Bank has served as
the Central Bank of Bangladesh since its introduction in 1972 by the virtue of the enactment of BB Order
1972. Presidents Order No. 127 of 1972 which eventually amended in 2003. The banking structure of
the business of BB has been entrusted to a 9 members Board of Directors headed by the Governor which
is also the Chief Executive Officer of the Bank of Bangladesh. BB has 40 departments with 9 branches.
Incorporated in the strategic plan of BB for 2010 to 2014 is the vision to develop continually as a
forward looking central bank with competent and committed professionals of high ethical standards,
conducting monetary management and financial sector supervision to maintain price stability and financial

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system robustness, supporting rapid broad based inclusive economic growth, employment generation and
poverty eradication in Bangladesh. The report further discusses about the BB functions as formulating
and implementing monetary policy, intervening policies in the foreign exchange market. At the same time,
it is giving advice to the Bangladesh government on the interaction of monetary policy with fiscal and
exchange rate policy. This is about the impact of various policy measures on the economy
6. Significance

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and practice. This section should be between 100-200 words and no more than one-quarter of a page. >>

References

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standard of referencing. You should list at least 10 references. You can list more but not less than 10
references. >>