CBSL suspends activities of PTL for another six months

5 January 2023 05:16 pm 0 Bookmark

A A A

The suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer has been further extended, the Central Bank announced today.

Issuing a statement, the Monetary Board, acting in terms of the regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, said the suspension has been extended for a further period of six months with effect from 4.30 p.m. on 05th January 2023.

The extension is to allow the Central Bank to continue the investigations that are currently underway.

The suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer has been further extended, the Central Bank announced today. Issuing a statement, the Monetary Board, acting in terms of the regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, said the suspension has been extended for a further period of six months with effect from 4.30 p.m. on 05th January 2023. The extension is to allow the Central Bank to continue the investigations that are currently underway.<center><a href="https://www.hi.lk/himag" target="_blank"><img src="https://bmkltsly13vb.compat.objectstorage.ap-singapore-1.oraclecloud.com/cdn.sg.dailymirror.lk/assets/uploads/advr_7fec3b236e.jpg" /></a></center>

It is a body comprising companies such as Amazon, Apple, Booking.com, Expedia Group, Google, GoTo, Grab, LINE, LinkedIn, Meta, Rakuten, X and Yahoo.

Comments - 0

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.