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* Central Bank withdraws appointment of Natwealth Securities Limited as a Primary Dealer
Mon, Nov 30, 2020, 09:39 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 30, Colombo: The Central Bank of Sri Lanka today announced that appointment of NatWealth Securities Limited (NWSL) as a Primary Dealer will be withdrawn effective today.

The Monetary Board considering a request made by the company has taken the decision to withdraw the appointment granted to NWSL to function as a Primary Dealer with effect from 4.30 p.m. on 30.11.2020.

The Central Bank on 1 June 2020 suspended the business of NatWealth Securities Limited (NWSL), a primary dealer in government bonds, for a period of six months for failing to comply with directions made by the regulator.

 

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