Bi-annual payment of fees to CDS

Wednesday, 29 August 2018 00:00 -     - {{hitsCtrl.values.hits}}

The Colombo Stock Exchange has amended the Rule 11.5 contained in Section 11 of the Listing Rules to facilitate the bi-annual payment of fees to the Central Depository Systems Ltd. by listed companies in respect of clearing functions provided.

The fee will be Rs. 15 per transaction executed on the Automated Trading System subject to a minimum charge of Rs. 25,000 and a maximum of Rs. 75,000 per annum. The fee will be computed on a bi-annual basis. Payments must be a) transactions executed from January to June on or before 15 August and b) transactions executed from July to December on or before 15 February.