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Colombo Stock Exchange launches CCP system

The Island

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August 04, 2025

The Colombo Stock Exchange (CSE) marked a historic milestone in Sri Lanka's capital market with the launch of a Central Counterparty (CCP) framework for equity transactions, a transformative development that significantly enhances the safety, efficiency, and global competitiveness of the domestic capital market.

To commemorate this milestone achievement a special Market Opening Ceremony was held on 1st August 2025 at the iconic trading floor at the CSE.

CSE Clear (Pvt) Limited, a fully owned subsidiary of the Colombo Stock Exchange, will serve as the Central Counterparty (CCP) for all equity transactions executed on the CSE and is the licensed clearing house regulated by the Securities and Exchange Commission of Sri Lanka (SEC).

PLUS D'HISTOIRES DE The Island

The Island

The Island

Artificial sweeteners linked to memory loss

A study of almost 13,000 people has found a link between artificial sweeteners and waning cognition, with the connection \"even stronger” among diabetes patients whose illness means eating sugar is out of the question.

time to read

1 mins

September 22, 2025

The Island

ESCO to host Peace Art Festival for disabled in Moratuwa

The Educational, Social and Cultural Organisation (ESCO), Egodauyana, is scheduled to host a special Peace Art Festival on 27 and 28 September at its headquarters in Egodauyana, Moratuwa.

time to read

1 min

September 22, 2025

The Island

India, Canada NSAs hold talks in New Delhi to boost security cooperation

(Republicworld)Indian National Security Adviser Ajit Doval met his Canadian counterpart Nathalie G. Drouin, National Security and Intelligence Adviser of Canada, on September 18 in New Delhi, the Ministry of External Affairs (MEA) said in an official statement.

time to read

2 mins

September 22, 2025

The Island

Strange case of Sri Lanka's austerity drive

17 September (p6), where he refers to the 09 September World Bank report. Make no mistake about the fact that the \"World Bank\" is actually an American institution, its very constitution requires the Head to be an American citizen.

time to read

1 min

September 22, 2025

The Island

Credit card usage rises 3.8% in first seven months

The number of active credit cards in Sri Lanka rose by 12,325 in July, reaching 2,088,069 by the end of the month, Central Bank data show.

time to read

1 min

September 22, 2025

The Island

Rise in number of women, children targeted by sex offenders online

The sexual exploitation of children and women via the Internet is on the rise, with 28 children already falling prey to cybercriminals so far this year, police have warned.

time to read

1 min

September 22, 2025

The Island

Why reconciliation eludes Sri Lanka

Bandaranaike and Chelvanayakam shaking hands

time to read

4 mins

September 22, 2025

The Island

Ranil calls for action to defeat efforts to silence Opposition

Former President Ranil Wickremesinghe has said that if attempts are made to silence Opposition leaders and establish an authoritarian rule, the Opposition must stand together to defeat them.

time to read

1 min

September 22, 2025

The Island

Pakistan says its nuclear programme can be made available to Saudi Arabia under their new defence pact

Pakistan's Defence Minister has said the country's nuclear programme \"will be made available\" to Saudi Arabia if needed under the countries' new defence pact.

time to read

2 mins

September 22, 2025

The Island

Beijing Forum: Lanka calls for Belt and Road and ASEAN's Outlook to work in tandem

Defence Secretary Air Vice Marshal (retd) Sampath Thuyacontha addressing a high-profile gathering at the 12th Beijing Xiangshan Forum in China, underscored the importance of collective dialogue, regional cooperation, and mutual respect in addressing global and regional security challenges.

time to read

2 mins

September 22, 2025

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