New rules for listing of BASEL III compliant debt

Friday, 15 December 2017 09:23 -     - {{hitsCtrl.values.hits}}

The Colombo Stock Exchange has announced amendments to rules pertaining to the listing of BASEL III compliant debt securities as recommended by the Securities and Exchange Commission.

The amended rules came into force from 8 December.

Some of the new rules are BASEL III compliant debt securities issuance and allotment should be limited to qualified investors, a minimum subscription requirement should be applicable for an investor, the basis of allotment, etc.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.