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CSE+To+Introduce+Risk-Based+Capital+Adequacy+Requirement+For+Stockbroker+Firms
Thursday, 18 February 2016 - 11:07
CSE To Introduce Risk-Based Capital Adequacy Requirement For Stockbroker Firms
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The Colombo Stock Exchange is in the process of implementing a risk-based capital adequacy requirement to all stockbroker firms which are members and trading members of the CSE and licensed by the Securities and Exchange Commission of Sri Lanka.

The risk-based capital adequacy requirement would replace the minimum net capital requirement of 35 million rupees, which is currently applicable to stockbroker firms.

The net capital is derived by deducting the items which are not immediately realizable from shareholder funds of the stockbroker firm, as set out in the CSE stockbroker rules.

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