Sri Lanka’s Securities and Exchange Commission to broad base investor base through technology
The Securities and Exchange Commission (SEC) of Sri Lanka has reportedly taken steps to facilitate operators of digital platforms to offer its subscriber/member base investments in the share market via such digital platforms with the objective to broad base and widen the investor base in the Colombo Stock Exchange (CSE).
The SEC believes that digital platforms would help create awareness and educate the general public on the available and growing investment opportunities.
“By enabling such digital platforms, we envisage the awareness and educational levels of the general public on available investment opportunities on the stock market would widen, whilst enable any potential investor to seamlessly access the stock market for investment purposes,” SEC Chairman Viraj Dayaratne PC has been quoted as saying in the local media.
Sri Lankan authorities are committed to transforming the country’s economy in to an e-economy. Digitazation of systems has been given priority by the government. This has resulted in the expansion of business/investment opportunities in Sri Lanka’s ICT and digital infrastructure development sectors. Foreign businesses/investors could explore business/investment opportunities in Sri Lanka’s ICT and digital infrastructure development sectors.
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