The Colombo Stock Exchange (CSE) saw a significant increase of over 63 per cent in Central Depository System (CDS) account openings since the digitalisation of the end-to-end operations of the market on September 17, a media release by the Securities and Exchange Commission (SEC) said.
“Digitalisation of the market has afforded investors the opportunity to access the market with ease and convenience and has contributed further to increase the depth of the market.”
The SEC has taken many measures including finalising the new SEC Act in line with international standards, which has been presented to the Ministry of Finance. “The new Act will enable the SEC to engage in effective and holistic regulation and preserve trust and confidence in the market,” the release said. (DEC)
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The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.
A SriLankan airlines flight has been grounded in an airport in Indonesia due to a technical defect leaving 93 passengers stranded, an official said.
The actions of a resident in Egoda Uyana, Moratuwa helped to avoid a possible railway accident involving an office train on the southern coastal line today, the Railway Department said.
Former international spinner Sachithra Senanayake is set to become the first Sri Lankan cricketer indicted under the country’s Prevention of Offences Relating to Sports Act (Act No. 24 of 2019).
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