(UTV|COLOMBO) – The Central Bank of Sri Lanka (CBSL) on Friday (05) extended the suspension of business activities of the Perpetual Treasuries Limited (PTL) by another 6-months.
The suspension was extended to continue the investigations being conducted by the CBSL. In January this year, the CBSL extended the suspension by 6-months, which expires this week.
“The Monetary Board of the Central Bank of Sri Lanka, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of the PTL from carrying on the business and activities of a Primary Dealer for a period of 6-months,” the statement stated.
The CBSL suspended the PTL from carrying on business activities as a primary dealer on 06 July 2017, and extended the suspension twice for 6-months in January and July 2018.
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