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Foreign Margin
Link: http://lankabusinesstoday.com/news/market/1122-foreign-margin
Foreign owned companies to be permitted to engage in the business of Margin Providing
It has been decided to permit foreign owned companies which are registered with the Securities and Exchange Commission of Sri Lanka as Margin Providers, to engage in the business of provision of credit to investors of the Colombo Stock Exchange, Central Bank recently told in a statement.
The Central Bank is of the view that this move would help develop the business of margin providing, and also increase market activity by improving the access to finance for investors.
Link: http://lankabusinesstoday.com/news/market/1122-foreign-margin
Foreign owned companies to be permitted to engage in the business of Margin Providing
It has been decided to permit foreign owned companies which are registered with the Securities and Exchange Commission of Sri Lanka as Margin Providers, to engage in the business of provision of credit to investors of the Colombo Stock Exchange, Central Bank recently told in a statement.
The Central Bank is of the view that this move would help develop the business of margin providing, and also increase market activity by improving the access to finance for investors.
Last edited by dinusl on Fri Feb 03, 2012 7:43 am; edited 1 time in total (Reason for editing : modified the format)
