Thursday, 16 January 2014 00:00
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The Securities and Exchange Commission of Sri Lanka (SEC) together with the Colombo Stock Exchange (CSE) has organised a symposium to guide the companies listed on the Colombo Stock Exchange on the Directives issued by the SEC in the recent past. It will be held on 17 January from 9 a.m. to 12 noon at Cinnamon Grand, Colombo.
The symposium will focus on Directives issued on Minimum Public Float, Related Party Transactions, and Disclosure Requirements for Directors’ Dealings in Shares. This will be an ideal opportunity for listed entities to familiarise themselves on the implementation of the aforesaid Directives and understand its implications.
The Regulatory Compliance Symposium is specially designed for Compliance Officers, Registrars and Company Secretaries of listed companies. Officials of the SEC and CSE are expected to address the gathering while giving greater weight for constructive dialogue between the SEC, CSE and the companies.
Initiatives of this calibre are important as market stakeholders are collectively looking at developing the equity market. This program could promote effective implementation of regulation and thereby increase investor confidence and efficiency of the market.
