The Central Bank of Sri Lanka (CBSL) has announced a six-month extension of the suspension imposed on Perpetual Treasuries Limited (PTL) from operating as a Primary Dealer. The extension will be effective from 4:30 p.m. on January 5, 2025.
This decision, made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, is intended to support the continuation of ongoing investigations into PTL’s activities.
PTL has been under investigation due to allegations of misconduct related to the issuance and trading of government securities. The Central Bank’s move underscores its commitment to ensuring transparency and accountability within the financial sector.
