CBSL Extends Suspension of Perpetual Treasuries Limited
CBSL Extends Suspension of Perpetual Treasuries Limited
Anuradha Indrajith
05-Jan-2025 14:03:25
The Central Bank of Sri Lanka (CBSL) has extended the suspension of Perpetual Treasuries Limited from engaging in its activities, business and operating as a Primary Dealer for another six months.
The suspension, effective from 4:30 PM on January 5, 2025, is due to ongoing investigations under the Registered Stocks and Securities Ordinance and the Local Treasury Bills Ordinance.
Perpetual Treasuries Limited has been under investigation for alleged irregularities in the government securities market. The CBSL stated that the extension aims to maintain public confidence and ensure market stability.
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