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Sri Lanka: One Island Two Nations
A Brief Colonial History Of Ceylon(SriLanka)
Sri Lanka: One Island Two Nations
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Friday, July 7, 2017
CB suspends activities of Perpetual Treasuries for six months
Jul 06, 2017
The
Monetary Board had suspended Perpetual Treasuries Limited (PTL) from
carrying on business and other activities as a Primary Dealer for six
months with effect from today, the Central Bank said in a statement.
It said that the SLCB had decided to suspend the activities of the said
firm acting in terms of the Regulations made under the Registered Stocks
and Securities Ordinance and the Local Treasury Bills Ordinance.
“The Central Bank will take necessary measures to ensure that this
regulatory action does not have a disruptive impact on the market,” the
statement said.
The CB said that action would also be taken to facilitate the handling
of the interests of the customers and counterparties of PTL in an
orderly manner.
The Monetary Board had suspended Perpetual Treasuries Limited (PTL) from
carrying on business and other activities as a Primary Dealer for six
months with effect from today, the Central Bank said in a statement. It
said that the SLCB had decided to suspend the activities of the said
firm acting in terms of the Regulations made under the Registered Stocks
and Securities Ordinance and the Local Treasury Bills Ordinance.
“The Central Bank will take necessary measures to ensure that this regulatory action does not have a disruptive impact on the market,” the statement said. The CB said that action would also be taken to facilitate the handling of the interests of the customers and counterparties of PTL in an orderly manner.
“The Central Bank will take necessary measures to ensure that this regulatory action does not have a disruptive impact on the market,” the statement said. The CB said that action would also be taken to facilitate the handling of the interests of the customers and counterparties of PTL in an orderly manner.
