CBSL extends suspension of Perpetual Treasuries Limited by six months
Posted by Editor on January 5, 2025 - 7:14 pm
The Central Bank of Sri Lanka (CBSL) has announced the extension of the suspension of Perpetual Treasuries Limited (PTL) from conducting the business and activities of a Primary Dealer for a further period of six months.
The suspension, effective from 4:30 PM on January 5, 2025, was made under the regulations of the Registered Stocks and Securities Ordinance and the Local Treasury Bills Ordinance. This decision aims to facilitate the continuation of ongoing investigations into PTL’s activities.
PTL has been under scrutiny for its alleged involvement in irregularities and misconduct within the government securities market. The CBSL’s move is intended to safeguard public confidence and ensure market stability.
Latest Headlines in Sri Lanka
- Sri Lanka GDP growth hits 5% in 2025 March 18, 2026
- Sri Lankan workers given visa extension to return to Israel by April 30, 2026 March 18, 2026
- Sri Lanka President warns Middle East conflict threatens energy supply March 17, 2026
- Sri Lanka President orders ministries to implement fuel conservation plans March 17, 2026
- Sajith raises concerns Sri Lanka may face power cuts over diesel shortage March 17, 2026
