assets or more would be deemed to be systemically important, unquote, and, therefore, would be subject to the tightest capital ratios, liquidity ratios, leverage ratios and to the regular stress test which the largest banks would be subject to. the bill which was passed in 2018, which rolled this back, raised that threshold to 250 billion. only banks with 250 billion or more in assets, and just a handful in the country, would be subject to the tightest controls. silicon valley bank, therefore, was not seen by the regulators as, quote, system incrically important and was not subject to that regulation. in retrospect, it was systemly important. they spent four or five frantic
by Sanath Nanayakkare No country in the world could give Sri Lanka direct financing assistance after we became a bankrupt country, but they chose to give us multiple aid under different headings that translated into crucial help to the real economy, President Ranil Wickremesinghe said in Colombo on Tuesday. Speaking at the Tax Forum organized […]
AIA partners Lanka Alzheimer s Foundation in support of raising awareness – The Island island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
SriLankan Airlines upbeat at SATTE 2023 island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
By Hiran H.Senewiratne The Sri Lankan real estate business at this juncture is not viable due to the new tax system and high inflation. These factors have compelled these businesses to shift into other sectors, such as the hotel and leisure industry, chairperson, Natwal Parikh Group Rohan Parikh said. ” Due to the rupee depreciation, […]