Directive on Mandatory Updating of Contact and Bank Details for CDS Account Holders

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Office of the Director General
6 @orD) 6d@od 6t' 860(3 ctD8ed eoD Ooftirosi rjmmunirosri DpOJ6 uflflr6Fms €f,6[,ffiid(5(5, BY HAND 15th February 2022 Mr, Rajeeva Bandaranaike Chlef Exer:utive Offi cer, Colombo lStock Exchange Level 4, V1/est Block, World Trade Centre, Echelon Square, Colombo 01 REF: SEC/D c I 2022 I 02 I 3s To: txe /rccouNT HoLDERS oF THE cENTRAL DEposIToRy sysrEMs (pRrvATE) LrMrrED, THE CENTML DEPOSITORY SYSTEMS (PRTVATE) LrMr'trED; AND THE COLOMBO STOCK EXCHANGE DIBECIIYE ISSUED IN TERMS OF SECTIoN 16(c) AND SECIIoN 16(ba) OF THE SECURITIES AND EXCLIANGE COMMISSION OF SRI LANKA ACT No. 19 Or:2021 BE: MAN.]DATORY UPDATING OF MOBILE NUMBERS, E-MAIL ADDRESSES AND BANK ACC@NT DETAILS OF THE ACCOUNT HOLDERS OF THE (:ENTML DEPOSITORY SYSTEMS TPRIVATE) LIMITED The Securities and Exchange Commission of Sri Lanka (sEc) at its 460u Meeting held on Bth February 2:022 took into consideration the importance of streamlining the creditirrg of dividends directly to the bank accounts of shareholders who have provided bank details, and to make the default mechanism for sendlng dividend warrbnts online via rregistered e-mail addresses in light of the digitalization of the stock market operations, The Comnrission approved the mandatory updating of the mobile numbers, e-mail addresses and bank account details by the Central Depository Systenrs (Private) Limited (cDs) of its account holders, Therefore, all CDS account holders are hereby directed to update their respective mobile numbers, r:-mail addresses and bank account details at the CDS with effect from 01st April 2022, The CDS is hereby direr:ted to lnform all stock brokers of the contents of this Directive and take requisite measures to ensure the collation of the information sought above. The Colombo Stock B:change (CSE) is directed to monitor and review compliance with the above requirements in six months and report the findings to thre SEC. Chinthaka Mendls DIRECTOR GENERAL Cgpyi Mr. Nalln Fonseka Head of Central Depository Systems (Private) Llmlted 28 60 29 0o0, 0.00060 eoo ogro ooceq,o&dom 00ed 0aog6, oo)so 01. eOoOo .r Or,lareloue l +94 11 2143843 Telephono t 26 Do@O 29 q$lD Dl?B, c_fi)6 olti6F,6 s]tDuti Cptg 0cnq,ri, a&aoei cgdar' OcnqgrDq 0r, cxdt \ o;naopcrr) ) tO rt r4rtr4, Lev6l 28 & itg, East Towor World Trade Centre Echolon Squaro, Colombo 01, Sri Lanka. oOA q$ca 1 wrur.sec.govlk Qomurb l wwwcmot.sec.gov.lk Webslls ., .yww.cmlc.sEc.gov.lk A M!mblr ot ,@0rtll{0$t0