Posts By Duruthu E Chandrasekera, Regulation Asia
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714SEBI 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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741Sri 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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1.3KSri 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.
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627Bangladesh Relaxes Rules on Obtaining Credit for Foreign Firms
Duruthu E Chandrasekera, Regulation Asia July 29, 2020Foreign-owned and controlled companies in Bangladesh will be able to obtain local currency loans using guarantees from overseas entities, the latest in a string of relaxations.
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877BSEC Needs to Step Up Its Game, say Market Participants
Duruthu E Chandrasekera, Regulation Asia July 26, 2020BSEC is working to speed up the IPO process and barriers to listing, amid calls for more diversified products and better transparency and governance in the capital market.
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Sri Lanka Banks No Longer ‘Scared’ to grant Covid-19 Loans
Duruthu E Chandrasekera, Regulation Asia July 23, 2020Banks no longer need to risk weight the loans against capital due to a guarantee scheme announced by CBSL earlier this month.
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779RBI Sets Fair Practices Code for Asset Reconstruction Companies
Duruthu E Chandrasekera, Regulation Asia July 20, 2020The new Code sets out transparent and fair procedures for when asset reconstruction companies acquire assets from banks, along with anti-harassment provisions to protect borrowers.
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BSEC Frames Rules for Mandatory Trading of Banks’ Perpetual Bonds
Duruthu E Chandrasekera, Regulation Asia July 17, 2020Two banks have received conditional approval to list perpetual bonds on Bangladesh’s stock exchanges, while BSEC works to frame its rules for the listings.
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Sri Lanka Relaxes Rules for Capital Inflows, Restricts Outflows
Duruthu E Chandrasekera, Regulation Asia July 17, 2020Sri Lanka has increased the amount of foreign currency that can be physically brought into the country to be deposited into a 'Special Deposit Account'.
