SRI LANKA: SEC Starts Project to Establish CCP System for the Stock Market

Wednesday January 26 2022

On 24^th January 2022, the Securities and Exchange Commission of Sri Lanka (SEC) announced that the project to launch a Central Counter Party (CCP) system for equities was formally launched at a Joint Securities and Exchange Commission of Sri Lanka (SEC) – Colombo Stock Exchange (CSE) meeting held at the SEC recently.

A CCP can offer significant benefits to the Financial Market in Sri Lanka and can be considered as part of the critical Financial Market Infrastructure that is needed and is of national interest.

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