Key insights to new SEC Bill on 21 July

Monday, 12 July 2021 00:00 - - {{hitsCtrl.values.hits}}

A seminar/webinar on the new SEC Bill and its implications for listed companies, market participants and regulation of capital markets in the Port City will be held on 21 July, 2 p.m. to 5 p.m. at the Spice Room Shangri-La Hotel Colombo.

The principal Act which is almost 30 years old needs new regulatory tools to regulate a modern capital market. With the Port City Colombo making the SEC Act applicable the SEC Act will need to make way for international capital market regulation ability. The new regulations will have far reaching implications to the functioning of the capital markets of Sri Lanka.

Discussion on this forum will include salient features of the new SEC Act, market offences, market irregularities and penalties, impact of civil powers and the demutualisation of the Colombo Stock Exchange

The keynote address will be delivered by Securities and Exchange Commission of Sri Lanka Chairman Viraj Dayaratne P.C., who will speak on the overall change in regulation. The other speakers would comprise SEC Sri Lanka former Chairman Dr. D.C. Jayasuriya P.C., who will speak on the salient features of the new act, Nithya Partners Precedent Partner, SEC Sri Lanka former DG Dr. Arittha Wikramanayake, will address the issues on civil powers in regulation, LOLC General Insurance CEO, SEC Former Director Legal Kithsiri Gunawardena will speak on market offences, and SEC Former DG and Ministry of Finance Senior Advisor Malik Cader will chair and moderate the session and address issues on demutualisation of the Colombo Stock Exchange.

This seminar/webinar is for directors and the senior management of listed companies, company secretaries, stockbrokers, entities regulated by the SEC, regulators, compliance managers, accountants and lawyers, investors.

Since the participation of the seminar is restricted due to COVID-19 health regulations, admission will be on a first come first serve basis. For registration, please call John on 077 775 9003 or James on 070 642 0642.