King Sasanka – Sri Lankan Writer & Retired Aviation Professional.

The NDB Fraud: Why Retail Investors Must Demand Accountability Today   The recent revelations regarding the fraud at National Development Bank (NDB) are deeply concerning. However, the greater danger lies in treating this as an isolated incident.   History suggests this may only be the "tip of the iceberg." If we—the retail investors who provide the lifeblood of the Colombo Stock Exchange—remain silent, we risk seeing our investments eroded by systemic negligence.   Silence is not a strategy. It is time for collective action.   To safeguard the future of our capital market, we must demand transparency and reform from four key pillars of the financial system: 1.    The Central Bank of Sri Lanka (CBSL)   The Banking Supervision unit is the first line of defense for the public. We must formally query: How did existing supervision protocols fail to detect these irregularities? What specific, updated regulatory frameworks have b...

Entering the stock market is a significant step toward financial growth.  This guide is designed to clear up common concerns and provide a clear path for new investors to start trading with confidence . Step 1: Open a CDS Account The first requirement is to open a Central Depository System (CDS) account . This acts as a digital vault for your shares. How to Apply: You can register through the CSE Mobile App or directly via the CDS website . Links: * CSE Mobile App (Google Play) CDS Online Account Opening Requirements: You will need to provide your National Identity Card (NIC) number, personal bank account details, and a photograph . Security: Your data is safe; the system strictly follows GDPR and data protection regulations . Step 2: Choose a Stockbroker You cannot trade directly on the floor; you must select an authorized Stockbroker to facilitate your trades . Facilitation: Brokers act as a bridge between buyers and sellers . Selection: You can find a list of authoriz...