Standardization of Investor Information Registration in the Central Depository System of LankaSecure

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ශ්රී ලංකා මහ බැංකුව
இலங்கை மத்திய வங்கி
CENTRAL BANK OF SRI LANKA

රැකවරණ මධ්ය.
තැ. පෙ. අංක 590.
කොළඹ 1. ශ්රී ලංකාව.
තැපැල් ලිපිනය: 'මහබැංකුව'

ஜனாதிபதி மாவத்தை,
த. பெ. இல. 590,
கொழும்பு - 1. இலங்கை.
தந்தி : 'மத்தியவங்கி'

Janadhipathi Mawatha,
P.O. Box 590,
Colombo 1, Sri Lanka.
Telegrams: 'CENTRABANK'

26 December 2012

Ref No.: 34/07/029/0001/001

Circular No.: RTGS/10/2012

To: All Participants of the LankaSettle System

Standardization of Investor Information Registration in the Central Depository System of LankaSecure

1. As per LankaSettle System Rules, Dealer Direct Participants (DDP), who act as custodians for their Customers in the LankaSecure System, are required to promptly and accurately record the Name, Address and National Identification Number (NIC)/Company Registration Number (CRN)/ or the number of any other identification document approved by CBSL, of their Customer in the Central Depository System (CDS) of the LankaSecure System when the Customer obtains legal ownership of Government securities.

2. Accordingly, all LankaSettle DDPs are requested to strictly adhere to the following requirements when registering Investors in CDS with effect from 01.01.2013:

   (a) Only to treat the NIC, in the case of an individual, or the CRN, in the case of an entity, as the primary beneficial owner code when opening new accounts in the CDS.

   (b) The Name of the Investors should be recorded as appearing in the National Identity Card/ Company Registration Certificate or any other identification document approved by CBSL. The Address should be the current one and complete, in order to facilitate timely delivery of Statements to Investors;

   (c) Categorize investor/s according to the classification given in Annex I, when opening new accounts in the CDS.

3. The existing accounts in the CDS should be amended to include NICs/CRNs as the primary beneficial owner code and also to reflect the investor category by 30.06.2013.

(Signature)
N W G R D Nanayakkara
Superintendent of Public Debt

(Signature)
A J L Peiris
Addl. Director, Payments and Settlements

*

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Annex I

Owner Type Description
Central Bank
Emp Provident Fund
Emp Trust Fund
Finance Company
Forces
Govt Authority
Govt Board
Govt Corporation
Govt Department
Govt Fund
Govt Pension Fund
Gratuity Fund
Individual
Insurance Company
Leasing Company
Lic Commercial Bank
Lic Specialised Bank
Market Intmdry
Ministry
Money Broker
Mutual Fund
Other*
Primary Dealer
Pvt Pension Fund
Pvt Provident Fund
Public Srv Prov Fund
Savings Institution
Stockbroker
Unit Trust

• Please contact CBSL before assigning this category

(Signature)