Posts By Duruthu E Chandrasekera, Regulation Asia
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1.2KColombo Stock Exchange Digitalises Core Operations
Duruthu E Chandrasekera, Regulation Asia September 18, 2020Account opening and post-trade functions such as clearing and settlement are now electronically enabled. E-contract notes and e-statements have also been adopted.
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879CBSL to Allow Foreign Investors to Hedge Currency Risk with Swaps
Duruthu E Chandrasekera, Regulation Asia September 16, 2020As part of measures to lure foreign investment back into Sri Lanka, the government also plans to channel banks' funds into the stock market.
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1.8KBangladesh Bank Offers Assurances on Cybersecurity at Banks
Duruthu E Chandrasekera, Regulation Asia September 15, 2020Bangladesh banks in facing renewed cyber threats last month, but their regulator, Bangladesh Bank, says the situation is under control.
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1.0KSri Lanka Eases Shareholder Limits on Commercial Banks
Duruthu E Chandrasekera, Regulation Asia September 14, 2020Multilateral agencies such as the World Bank and IFC can hold up to 20% of a commercial bank. Other firms or institutions can hold up to 15%.
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Colombo Exchange Eyes New Measures to Lure Foreign Investment
Duruthu E Chandrasekera, Regulation Asia September 9, 2020Besides tax incentives, CSE Chairman Dumith Fernando told Regulation Asia the exchange has initiated a five-pronged strategy to bolster the capital market.
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1.7KSri Lanka to Commence Probe into State Bank Fraud
Duruthu E Chandrasekera, Regulation Asia August 20, 2020Bank of Ceylon, People’s Bank, National Savings Bank, Regional Development Bank, and their related institutions will be probed for irregularities.
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692SEBI Issues Rules on Administrative Assistance to Trustees
Duruthu E Chandrasekera, Regulation Asia August 17, 2020Mutual fund trustees must appoint a dedicated employee with professional qualifications and a minimum five years of experience.
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1.2KIndia: Gift City Regulator Targets International Retail Business
Duruthu E Chandrasekera, Regulation Asia August 11, 2020A new panel has been appointed to provide recommendations on attracting international retail business to Gift City, India’s international financial services centre.
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Sri Lanka SEC Approves New Rules for REITs
Duruthu E Chandrasekera, Regulation Asia August 5, 2020Real estate developers and owners can convert fully completed properties into REITs for listing on the CSE.
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1.2K
Sri Lanka Fines 2 Banks, 3 Finance Firms for AML Failures
Duruthu E Chandrasekera, Regulation Asia July 30, 2020Sri Lanka's FIU has revealed that two banks and one finance company were penalised in 2019, and two other finance companies in 2020.
