SEC, CFA Society Sri Lanka renew MoU to strengthen capital market development

Friday, 11 August 2023 02:03 - - {{hitsCtrl.values.hits}}

The Securities and Exchange Commission of Sri Lanka (SEC) and CFA Society Sri Lanka have announced the successful renewal of their Memorandum of Understanding (MoU), signifying a strengthened commitment to fostering the development of the capital market.

On the occasion of signing the MoU, SEC Chairman Faizal Saliah said: “The SEC is pleased to continue our collaboration with CFA Society Sri Lanka through the renewal of this MoU. Together, we aim to drive improvements in the capital market and enhance market integrity, and transparency, as well as promote the adoption of the highest standards and practices within the investment industry.”

CFA Sri Lanka President Aruna Perera also expressed his enthusiasm for the partnership and the potential it holds for the capital market of Sri Lanka.

“CFA Society Sri Lanka is delighted to sign this MoU with the SEC. We firmly believe in the power of collective efforts to achieve positive outcomes. By working together, we can contribute significantly to the growth and development of Sri Lanka’s capital market, fostering an environment of trust and excellence,” he said.

The collaboration between the SEC and CFA Society Sri Lanka will serve as a catalyst for strengthening investor confidence, supporting sustainable economic growth, and elevating the overall financial landscape of the nation.

Both organisations are committed to implementing joint initiatives, conducting research, and organising educational programs that will further empower market participants with the knowledge and expertise needed to navigate the evolving financial landscape successfully.

With a shared vision and mutual dedication to advancing the capital market, this renewed partnership promises to shape a more robust and prosperous financial future for Sri Lanka.

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.