Central Depository Systems News Today

Sri Lanka - Regulated Short Selling on the Colombo Stock Exchange. Legal News and Analysis - Sri Lanka - Capital Markets -

In a landmark move, NDB Bank and the Colombo Stock Exchange (CSE) have entered into a Memorandum of Understanding (MoU) to pave the way for foreign investors to seamlessly invest in the Colombo Stock Exchange through Inward Investment Accounts (IIA), accessible via the CSE mobile application. Under this collaboration, NDB Bank assigned the Custody and...

Pursuant to the enactment of the Securities and Exchange Commission (SEC) of Sri Lanka Act No 19 of 2021 (New SEC Act), the Stockbroker rules of the Colombo Stock Exchange (CSE) and the Central Depository Systems (CDS) have been revised in order to ensure consistency with the said New SEC Act. Ac

PSX has proposed eight events that should lead to a firm’s placement in the non-compliant companies’ segment.

The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed a service agreement with Lanka IOC PLC as the registrar for Lanka IOC PLC, with effect from 01st of January 2023. Lanka IOC PLC, with a corporate history spanning 20 years, is the o

The Colombo Stock Exchange (CSE) has enabled local entities incorporated or established in Sri Lanka to issue and list foreign currency denominated shares in the main market segment (Diri Savi and Main Boards) of the CSE. This new financing option for local companies is a result of the new strategic plan the CSE launched in...

The Colombo Stock Exchange (CSE) has enabled local entities incorporated or established in Sri Lanka to issue and list foreign currency denominated shares in the main market segment (Diri Savi and Main Boards) of the CSE. This new financing option for local companies is a result of the new strat