Sub Committee for Compliance of FHA hosts ‘Compliance Ignite’

Executive Committee 2019/20

Session on developing soft skills

The Sub Committee for Compliance (SCC) of The Finance Houses Association of Sri Lanka, held a remarkable event on 12 December 2019 themed, ‘The Compliance Ignite’ at Kingsbury Hotel, Colombo. The event was centred on addressing the emerging future challenges of compliance, especially in Licensed Finance Companies (LFCs) in Sri Lanka.

The Sub Committee for Compliance of The Finance Houses Association of Sri Lanka, provides a platform for compliance officers of LFCs to share knowledge and industry best practices to uplift the status of compliance of the LFC sector that will support the stability of the financial system of Sri Lanka. The SCC also acts as a common forum for compliance officers to address the issues related to compliance function while working very closely with the Central Bank of Sri Lanka. 

The event was addressed by Central Bank of Sri Lanka Deputy Governor H.A. Karunaratne as the Chief Guest and Central Bank of Sri Lanka Assistant Governor J.P.R. Karunaratne joined as the keynote speaker. Further, Central Bank of Sri Lanka Additional Director – DSNBFI J.P. Gamalath and Central Bank of Sri Lanka Director – FIU D.M. Rupasinghe also delivered their valuable insights on shaping the compliance landscape beyond 2025 in Sri Lanka. The event also included a session on developing soft skills for compliance officers, conducted by award winning speaker Arfath Saleem.