New SEC Act comes into force

Thursday, 23 September 2021 01:50 -     - {{hitsCtrl.values.hits}}

 


The new Act of the Securities and Exchange Commission (SEC) came into force on Tuesday following the certification by the Speaker Mahinda Yapa Abeywardena.

The development follows the SEC Bill being passed by Parliament earlier this month without a vote. 

The new law, which will replace the Securities and Exchange Commission of Sri Lanka Act No. 36 of 1987 and aims to regulate the capital market in keeping with current international best practices.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.