Tue, 28 Mar 2023 Today's Paper

Suspension on PTL’s license extended

By

5 January 2018 05:05 pm - 0     - {{hitsCtrl.values.hits}}

A A A

The suspension of the Perpetual Treasuries Limited’s (PTL) Primary Dealer license was extended by six more months by the Central Bank today.

In a statement, the Department of Supervision of Non-Bank Financial Institutions said the Monetary Board of the Central Bank of Sri Lanka (CBSL) on January 4 made the decision to extend the suspension.

“Acting in terms of the Regulations made under the Registered Sock and Securities Ordinance and the Local Treasury Bills Ordinance, the CBSL has decided to extend the suspension of PTL from carrying on the business and activities of a Primary Dealer for a period of six months with effect from 4. 30 p.m. on January 5, 2018, in order to continue the investigations being conducted by the Central Bank of Sri Lanka,” it said.


  Comments - 0


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





Import of South Indian eggs: Sri Lanka walks on Indian eggshells

With the increase in egg prices the government decided to import eggs to regu

Wokeism: Is it destructive, or are you afraid of change? A response

In order to critically discuss a movement, we must first understand its etymo

Defeat in Ananthapuram Battle denoted the LTTE’s end

Many battles were fought during the long war between the Sri Lankan armed for

Wokeism: A Weapon of Mass Destruction?

When can one say they’ve had enough of being in a state of ‘wokeness’ a