Tag: Sri Lanka to adopt new capital adequacy from March 2017

Stock-Market-lbo

‘s SEC to adopt new capital adequacy from March

Nov 23, 2016 (LBO) – Sri Lanka’s Securities and Exchange Commission on the recommendation of the CSE has directed the implementation of a new risk-based Capital Adequacy Requirement (CAR). The commission said the new requirement will be 1.2 times the risk requirement of stockbrokers subject to a minimum liquid capital requirement of 35 million rupees. […]