June 23, 2017 (LBO) – Sri Lanka’s securities regulator has directed all licensed stock brokers and dealers to comply with the new fee structure which will be effective from 27 June 2017.
The CSE proposed adopting a step-up fee structure rather than the present flat fee structure when consolidating transactions for the purpose of computing fees.
CSE also proposed to increase the threshold for the two-band fee structure from the present 50 million rupees to 100 million rupees.
The new fee structure proposed in early February, postponed by the securities regulator until the revised threshold of the SEC Cess is published in the gazette.
Since the relevant gazette (2024/3) has now been published, the new fee structure will be effective from next week.