Windex Trading – Newswire https://www.newswire.lk Sri Lanka's largest News aggregator Thu, 02 May 2024 11:41:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.6 https://www.newswire.lk/wp-content/uploads/2020/05/favicon.png Windex Trading – Newswire https://www.newswire.lk 32 32 One more company added to list of banned Pyramid schemes https://www.newswire.lk/2024/05/02/one-more-company-added-to-list-of-banned-pyramid-schemes/ Thu, 02 May 2024 11:41:34 +0000 http://www.newswire.lk/?p=146105

The Central Bank of Sri Lanka (CBSL) has added one more entity to the list of entities/ applications prohibited forContinue Reading

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The Central Bank of Sri Lanka (CBSL) has added one more entity to the list of entities/ applications prohibited for their involvement in pyramid schemes.

Issuing a notice, the Central Bank said that Windex Trading has been added to the list of nine (09) banned entities. 

The CBSL further warned that participating in pyramid schemes was a punishable offence in Sri Lanka. 

The entities announced today are in addition to the nine entities that were banned in August last year. (Newswire)

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