ICAB delegates paid a courtesy call on Mr. Md. Fashiullah, Executive Vice Chairman, Microcredit Regulatory Authority (MRA) on Wednesday, 19 January, 2022, at his office, Baro Mogbazar, Dhaka. The ICAB delegation comprised of Vice Presidents Mr. N K A Mobin FCA, Ms. Fouzia Haque
FCA and CEO Mr. Shubhashish Bose led by its current President Mr. Md. Shahadat Hossain FCA. Directors of MRA Mr. Muhammed Mazedul Haque, Mohammad Yakub Hossain along with senior officials of MRA were present on the occasion. During the courtesy call, both organizations agreed to work together on bringing financial discipline in the microcredit sector. Mr. Md. Fashiullah, Executive Vice Chairman, MRA, congratulated ICAB new office bearers. ICAB delegates thanked him and informed him about the establishment of the ICAB through the P.O. no 2 of 1973. He was also apprised of the recent
initiatives undertaken by ICAB, specially the introduction of Document Verification System (DVS). After being informed about DVS by ICAB, MRA officials expressed interest in using it to verify audited financial statements submitted by microcredit organizations. In this context, ICAB proposed to sign a Memorandum of Understanding (MoU). MRA welcomed it and informed that a working group would be formed soon in this regard to work on Terms of Reference (ToR) and fees schedule.