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Bangladesh Safety Accord Begins Transfer of Responsibility to Government Body

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The Accord on Fire and Building Safety in Bangladesh is finally ceding its jurisdiction to a national regulatory body. The transfer of responsibility began on Monday and will continue until Nov. 30, according to the joint-stakeholder Transitional Monitoring Committee (TMC), which jump-started the process by handing over 25 fully remediated factories to the government-formed Remediation…

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