CSE permits native corporates to raise overseas overseas trade denominated capital

The Colombo Inventory Change (CSE) has enabled native entities included or established in Sri Lanka to matter and itemizing overseas overseas trade denominated shares inside the main market half (Diri Savi and Principal Boards) of the CSE.

This new financing threat for native firms is a outcomes of the mannequin new strategic plan the CSE launched in 2020. Having obtained needed clearances from the Securities & Change Cost of Sri Lanka, the Itemizing Suggestions and the Searching for and selling Suggestions of the CSE and the CDS Suggestions of the Central Depository Packages (Pvt.) Ltd. have been suitably amended to facilitate the itemizing, searching for and selling and clearing & settlement of overseas overseas trade denominated shares to be issued by native entities. The aforementioned regulatory framework has been setting pleasant since 14th February 2022.